Free Waiver of Lien Form
Looking for dependable mechanics waiver of lien forms? Whether you need a partial or final lien waiver form, you will find them both right here.
What You Should Know Before Using Our Lien Waiver Form
When it comes to your mechanic lien waiver form, there are 2 highly popular and widely accepted choices:
1. Partial Waiver of Lien Form (Conditional Lien Waiver Upon Progress Payment) - this is the form that we have below and it's the form you will want ...if you are forking out partial payments or installments for a construction project. This form will cut down the potential amount of lien that a contractor, subcontractor or supplier can file on your real estate once the payment has cleared.
2. Final Lien Waiver Form (Unconditional Lien Waiver Upon Final Payment) - Have you paid off all the bills or is just about to send out that last check? Then this form is exactly what you need for a good night's rest: Have your contractors, subcontractors and suppliers sign this to give up all their rights to spring a mechanics lien on you once and for all.
What if there is already a beastly mechanic's lien clinging onto your property title? Then free yourself with our Lien Release Form - Pay off the overdue bills and have the form signed by the claimant to wipe off that offensive lien.
*Make sure this waiver of lien form complies with your local real estate laws before using it. If you have any doubts, you can ask a real estate lawyer online.
Conditional Lien Waiver Upon Progress Payment
Upon receipt by the undersigned of a check from _________________________ in the sum of $ _______________ payable to _________________________ and when the check has been properly endorsed and has been paid by the bank upon which it is drawn, this document shall become effective to release any mechanic's lien, stop notice or bond right the undersigned has on the job of Owner _________________________ located at:
___________________________________________________________________________ to the following extent.
This release covers a progress payment for labor, services, equipment or materials furnished to Customer _________________________ through this date _______________ and does not cover any retentions retained before or after the release date; extras furnished before the release date for which payment has not been received; extras or items furnished after the release date. Rights based upon work performed or items furnished under a written change order which has been fully executed by the parties prior to the release date are covered by this release unless specifically reserved by the claimant in this release. This release of any mechanic's lien, stop notice, or bond right shall not otherwise affect the contract rights, including rights between parties to the contract based upon a rescission, abandonment, or breach of the contract, or the right of the undersigned to recover compensation for furnished labor, services, equipment, or material covered by this release if that furnished labor, services, equipment, or material was not compensated by the progress payment. Before any recipient of this document relies on it, said party should verify evidence of payment to the undersigned.
Dated this day of _______________, 20__.
Claimant Name: _________________________
Company Name: _________________________
Claimant Signature: _________________________
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