Carlsbad, California Notice of Voluntary Dismissal and Release of Li's Pendent is a legal document that signifies the dismissal of a lawsuit or legal claim in relation to a property in the city of Carlsbad. A Li's Pendent is a notice filed in the public records to inform potential buyers or interested parties that a property is involved in a pending lawsuit. When the lawsuit is dismissed voluntarily by the party who filed it, the Notice of Voluntary Dismissal and Release of Li's Pendent is filed to remove the cloud on the property's title. Different types of Carlsbad, California Notice of Voluntary Dismissal and Release of Li's Pendent may include: 1. Individual Voluntary Dismissal and Release of Li's Pendent: This type of notice is filed by a single party who initiated the lawsuit but has decided to voluntarily dismiss it. It is often done when the party realizes that pursuing the legal action might not be advantageous or necessary anymore. 2. Mutual Voluntary Dismissal and Release of Li's Pendent: This notice is filed when both parties involved in the lawsuit agree to dismiss the case voluntarily. It usually indicates that the parties have reached a settlement or resolved their disputes outside of court, making further legal proceedings unnecessary. 3. Conditional Voluntary Dismissal and Release of Li's Pendent: This type of notice is filed when a party agrees to dismiss the lawsuit voluntarily, but with certain conditions attached. These conditions could include settlement terms, financial agreements, or specific actions to be taken by one or both parties. 4. Stipulated Voluntary Dismissal and Release of Li's Pendent: This notice is filed when the parties involved in the lawsuit agree on the terms of the dismissal and release of the Li's Pendent. The terms are usually documented in a written agreement, signed by both parties, and filed along with the notice. In summary, the Carlsbad, California Notice of Voluntary Dismissal and Release of Li's Pendent is a legal document used to formally dismiss a lawsuit involving a property in Carlsbad, California. By filing this notice, any cloud on the title caused by the Li's Pendent is removed, providing clarity and certainty to potential buyers or interested parties.