Release Of Lis Pendens Form Withdrawal In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00403BG
Format:
Word
Instant download
Description
The Release of Lis Pendens form withdrawal in Cook is designed to formally cancel a previously filed notice of lis pendens, which is a legal notice of pending litigation affecting a specific real estate property. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to clear the public record of any claims or litigation status on a property to facilitate sales or transfers. Key features of the form include the identification of the original lis pendens and the authority granted to the Clerk or Recorder to remove it from official records. To fill out this form, users must provide details such as the date, the specific office where the lis pendens was recorded, and the relevant book and page numbers. It is essential that the signer acknowledges the release to ensure the cancellation is recognized by the legal system. The form serves as a crucial tool in real estate transactions, providing peace of mind to potential buyers or stakeholders by clarifying ownership and free-and-clear status of the property. It is advisable for users to maintain a copy of the completed form for their records and to ensure that the release is properly filed with the appropriate local authorities.
