The form 'Release of Lis Pendens' is utilized to officially remove a notice of lis pendens previously recorded in the land records of Suffolk. This document asserts that the valuable consideration has been received, allowing for the cancellation of the lis pendens filed in the relevant clerk or recorder's office. The form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it streamlines the process of lifting restrictive notices on properties involved in legal disputes. Key features include clear instructions for filling out the necessary details, such as the specific book and page numbers where the original lis pendens is recorded. Users are guided to provide their signature to finalize the release, ensuring legal acknowledgment of the cancellation. The target audience will find this form essential in managing property transactions, resolving disputes, and upholding the integrity of legal records. It is designed to be understandable for individuals with varying levels of legal experience and emphasizes clarity and straightforwardness.