The form titled "Release of Lis Pendens" is designed for use in Massachusetts to officially release a previously filed lis pendens, which is a notice of pending legal action regarding a property. This form acknowledges the receipt of valuable consideration and directs the local Clerk's or Recorder's office to cancel the recorded lis pendens. Key features include spaces for the specific details of the lis pendens, such as the book and page numbers, as well as the date of release and signature of the authorized person. The form is essential for attorneys and legal professionals handling real estate disputes, ensuring clear communication regarding the status of property interests. It is particularly useful for partners, owners, associates, paralegals, and legal assistants involved in property transactions or litigation. Users should fill in the required fields accurately and ensure that the acknowledgment section is completed properly to effectuate the release. This form serves as a critical document in resolving disputes and clarifying the title of a property.