The Release of Lis Pendens form is essential for withdrawing a previously filed notice of lis pendens in Travis County. This legal document acknowledges the receipt of valuable consideration and formally requests the local Clerk or Recorder to cancel the lis pendens from the official land records. Key features of the form include sections for identifying the specific lis pendens being released, such as its recording details, and a signature line for the individual requesting the release. The form is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions or disputes. It helps streamline the process of clearing property titles and assures that interested parties are aware of the withdrawal. Filling out the form requires accurate details regarding the original lis pendens, and it should be signed and dated to validate the request. Users should ensure that the form is submitted to the appropriate local office for proper cancellation records. This form is useful in scenarios such as resolving disputes, finalizing property sales, or clearing encumbrances on real estate.