1348 - Undertaking for cancellation of notice of pendency.

§ 1348. Undertaking for cancellation of notice of pendency. The court,  upon  motion of any person aggrieved and upon such notice of pendency as  it may require, may direct any  county  clerk  to  cancel  a  notice  of  pendency,  upon  such  terms  as  are  just, whether or not the judgment  demanded would affect specific real property, if the moving party  shall  give  an  undertaking  in an amount to be fixed by the court, and if the  court finds  that  adequate  relief  can  be  secured  to  the  claiming  authority by the giving of such an undertaking.