The Release Lis Pendens Form with 2 points in King serves to officially cancel a previously recorded Lis Pendens, which is a notice that a lawsuit has been filed regarding a property. This form is crucial for parties who wish to clear the title of a property and remove any cloud caused by the Lis Pendens. Key features include a clear acknowledgment of valuable consideration and a request for the relevant Clerk or Recorder to enter satisfaction and cancel the record. Filling out this form requires the names and dates pertinent to the original Lis Pendens, as well as the specifics of the jurisdiction. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form in various scenarios, such as resolving disputes or facilitating real estate transactions. It is especially useful when litigation concerning property has been settled, allowing for a clean transfer of the title. Properly completing and filing this form ensures the removal of the lawsuit notice from public records, thereby restoring the property’s marketability.