Release Lis Pendens Form With 2 Points In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00403BG
Format:
Word
Instant download
Description
The Release Lis Pendens form in Cook is a legal document used to formally cancel a previously recorded Lis Pendens in the property records. This form serves two primary points: first, it acknowledges the receipt of valuable consideration for the cancellation and, second, it authorizes the appropriate clerical office to remove the Lis Pendens from the official records. Key features include clear sections for the clerk's office details, the specific documentation information of the initial Lis Pendens, and a signature line for the executing party. Filling out the form requires attention to ensure all fields are accurately completed, particularly the identification of the initial recording and the date of release. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions or disputes, as it helps in resolving claims against a property effectively. In practical scenarios, it can be employed when agreements are reached in disputes that necessitate the removal of a cloud on the property's title, facilitating smoother property transactions.
