The Lis Pendens Form Blank Form 114 in Hillsborough serves as a crucial document in real estate law, indicating that a lawsuit has been filed concerning a property. This form notifies potential buyers or lenders that the property may be subject to legal action, thereby affecting its value and marketability. Key features include spaces for the property description, the relevant court information, and the details of the parties involved in the action. Filling the form requires accurate information to ensure proper recording, and it must be submitted to the local clerk's office for official recording. Editing instructions call for users to review all entries carefully to avoid any errors that could lead to complications. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form valuable for protecting clients' interests and ensuring that all relevant parties are aware of any ongoing legal disputes. Overall, the form is essential for anyone involved in real estate transactions where legal issues may arise, facilitating informed decision-making for all stakeholders.