A lis pendens is a common tool used in Florida to put third parties on notice of a pending lawsuit against real estate. The document you will need to fill out and file is called a Release of Lis Pendens.There is a process for a lis pendens removal, even if it was properly recorded, so, for example, real estate can be sold or a loan can be taken out against it. A notice of pendency of action or lis pendens is a statutory procedure designed to give constructive notice of a lawsuit affecting real property. First, you can only file a lis pendens if you have a pending lawsuit with the circuit court. Talkov Law's real estate litigators provide a free checklist of requirements to file a lis pendens (notice of pending action). A release of lis pendens is a bond covering the cost of the lis of pendens to release the property back to the defendant. Find Your Court Forms.