The Release Lis Pendens form with two points in Phoenix is a legal document utilized to officially remove a previously recorded lis pendens from public records. This form is particularly important for individuals or entities involved in real estate transactions who wish to alleviate any encumbrances or warnings regarding pending litigation concerning a property. It enables the authorized clerk or recorder to cancel the notice from the land records, simplifying the property’s title for future transactions. Key features of this form include providing a clear acknowledgment of the valuable consideration received, specific details regarding the recorded lis pendens, and a formal request for cancellation. For attorneys, partners, owners, associates, paralegals, and legal assistants, understanding how to properly complete, fill, and edit this form is critical for ensuring accurate and effective communication of property status. This form can be particularly beneficial in scenarios where a property dispute has been resolved, and parties wish to clear their title before selling or refinancing. By using this form, users can facilitate smoother transactions and protect their interests in property dealings.