Fulton Georgia Release of Li's Pendent is a legal document issued in Fulton County, Georgia, to remove a notice of pending litigation on a property. A Li's Pendent, also known as a "notice of pending action," is filed when a lawsuit is initiated that affects the title or ownership of real estate. The Release of Li's Pendent is a crucial step in the legal process as it allows the property owner to regain full control and transferability of their property. Once the lawsuit or legal claim is resolved, this document is filed to terminate the Li's Pendent and clear any cloud on the title. There are different types of Fulton Georgia Release of Li's Pendent, depending on the nature of the case or claim being resolved: 1. Voluntary Release of Li's Pendent: This type of release is filed when the party that initially filed the Li's Pendent decides to release it voluntarily. It often occurs when the parties involved reach a settlement, dismiss the lawsuit, or resolve the underlying dispute in some other way. 2. Court-Ordered Release of Li's Pendent: In some cases, the court may order the release of the Li's Pendent after considering the arguments and evidence presented by the parties involved. This type of release is often granted when the court determines that the Li's Pendent is unjustified or that it is no longer necessary to protect the interests of the parties involved. 3. Expungement of Li's Pendent: An expungement occurs when the court orders the complete removal of the Li's Pendent from public records. This is typically granted when there is a finding that the Li's Pendent was wrongfully or improperly filed, such as instances of fraudulent claims or false information. The Fulton Georgia Release of Li's Pendent is crucial for property owners as it ensures the marketability and transferability of the property's title. This legal document acts as proof that any claims or lawsuits pertaining to the property have been resolved, allowing the property owner to sell, mortgage, or transfer their property with ease. In summary, the Fulton Georgia Release of Li's Pendent is a vital legal document that serves to remove a notice of pending litigation on a property in Fulton County, Georgia. Whether it is a voluntary release, court-ordered release, or an expungement, this document ensures the free and unencumbered transfer of property rights, providing peace of mind to property owners and potential buyers alike.