The Lis Pendens Release Form for Texas in Illinois is a legal document used to formally remove a notice of pending action related to real estate. This form is crucial for parties who want to clear the title of their property after a lawsuit has been resolved. The release acknowledges receipt of valuable consideration and authorizes the local clerk to cancel the Lis Pendens recorded in the land records. It is important for users to fill out specific details, such as the name of the county and book and page information where the original Lis Pendens is recorded. This form is relevant for attorneys, partners, owners, associates, paralegals, and legal assistants, as it ensures clarity and legal standing in property transactions. When completing the form, ensure accurate information is provided to avoid any legal disputes. It serves as a safeguard for property rights by officially documenting the release of any claims. The completed form should be signed and dated to validate the transaction.