The Release of Lis Pendens form is designed to formally cancel a previously recorded Lis Pendens in Michigan. This document is essential for parties looking to clear title or resolve disputes over property interests. The form includes sections for identifying the Clerk or Recorder's office where the Lis Pendens was recorded, as well as a request for satisfaction and cancellation. Filling out this form requires accurate details regarding the original Lis Pendens, including the book and page number of the record. The target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, can utilize this form to facilitate real estate transactions or legal procedures involving property disputes. It is crucial for legal professionals to ensure that the form is properly acknowledged and signed to meet legal requirements. By using this form, users can effectively communicate the intent to release any claims against the property, promoting clarity in property ownership and transactions.