File Notice Lis Pendens Withdrawal In Maryland

• Category: Real Estate - Lis Pendens
• State: Multi-State
• Control #: US-00403BG
• Format: Word

Description

The 'Release of Lis Pendens' form is crucial for individuals or entities wishing to formally withdraw a previously filed notice of lis pendens in Maryland. This document serves to release the claim that a pending lawsuit may affect the title to a property, allowing for the clear transfer of ownership or financing. It should include essential details such as the location of the recorded lis pendens, along with the date of release and relevant signatures. Users must complete the form accurately, ensuring all fields are filled, particularly the clerk or recorder's office details and property information. Attorneys, partners, and owners will find this form especially beneficial when resolving disputes or maintaining clear property titles. Paralegals and legal assistants can assist in drafting and filing these forms, ensuring compliance with local regulations. This form is used in scenarios where a lawsuit affecting a property has been settled, dismissed, or otherwise resolved, and serves to clear the record for future transactions. Properly utilizing this form can prevent legal complications and promote efficient property dealings.