The form titled Release of Lis Pendens is designed for individuals or entities wishing to cancel a previously recorded lis pendens in the registry of deeds in Wake. A lis pendens serves as a public notice of pending litigation related to property. This form is crucial for clearing title to real estate. It requires users to provide details such as the location of the lis pendens and relevant book and page numbers from the recorded land records. The document must be signed and acknowledged for it to be valid, thus ensuring a legally sound release process. Attorneys and legal assistants will find this form useful when representing clients in property disputes or litigation, while paralegals and associates can utilize it to expedite the clearing of properties from encumbrances. Owners and partners involved in real estate transactions will benefit from understanding how and when to use this form to avoid complications related to pending legal matters.