The Release of Lis Pendens form is used to formally cancel a Lis Pendens that has been recorded in the land records of a specific jurisdiction. The document acknowledges receipt of valuable consideration and instructs the clerk or recorder's office to remove the Lis Pendens from official records. This process is essential for clearing title on a property, allowing the owner to sell or refinance without the encumbrance of pending litigation. Key features include fields for the name of the clerk's office, specific records where the Lis Pendens is recorded, the date of release, and signature lines for authenticated approval. Attorneys, partners, and owners will find this form crucial when resolving disputes or ensuring that property titles are clear. Paralegals and legal assistants can assist in filling out the form accurately, ensuring proper execution and compliance with local regulations. Overall, the Release of Lis Pendens is instrumental for facilitating smooth transactions in real estate and legal matters.