Lis pendens is an official notice to the public that a lawsuit has been filed and a property has a claim against it. When using these Release of Notice of Lis Pendens forms, the subject real estate must be physically located in Davis County.Lis pendens serves as a formal notice of a pending lawsuit involving real property. A release of lis pendens notice is a type of surety bond that allows the defendant to carry out the sale of the property. Where can I get legal forms or help completing them?