The form 'Release of Lis Pendens' is crucial for individuals and legal professionals dealing with property matters in Miami-Dade where a lis pendens has been recorded. This form facilitates the formal cancellation of a previously recorded lis pendens, thereby lifting any encumbrances or notifications of pending litigation related to the property in question. Key features of the form include the acknowledgment of receipt for valuable consideration, the specific identification of the recorded lis pendens, and the request for official cancellation by the Clerk's office. Filling out this form requires attention to detail, including accurate information about the city, county, and the original recording details of the lis pendens. It is essential for attorneys, partners, owners, associates, paralegals, and legal assistants who need to clear the title and ensure smooth property transactions. This form is particularly useful during foreclosure proceedings, allowing for a clear path to resolve disputes and facilitate future sales or transfers of the property. By utilizing this form correctly, legal professionals can assist their clients in expediting the resolution of liens or claims against properties.