The Release of Lis Pendens form serves as a legal document utilized to officially release a previously filed notice regarding a pending foreclosure in Ohio. This form communicates to the relevant Clerk's or Recorder's office that the Lis Pendens should be canceled and removed from land records, thereby clarifying that the associated legal action is no longer ongoing. Key features of this form include sections for acknowledging valuable consideration, specifying the original recording details, and providing an authorized signature for the release. Filling out this form requires users to accurately input the specific location details of the Clerk's office, the book and page number of the original Lis Pendens, and the date of the release. It is particularly useful for attorneys, partners, and associates working in real estate law, allowing them to efficiently manage liens related to foreclosure cases. Paralegals and legal assistants will find this form integral for property record management, ensuring that clients’ property interests are accurately represented in official documentation. Overall, the Release of Lis Pendens is essential for all parties involved in the foreclosure process, helping to streamline property transactions and protect client interests.