![]() "The Forms Professionals Trust!"® |
Texas Disbursement Statement Required by Contractor on Residential Construction Project - Mechanics Liens - Individual
| ||||||||||||||||||
| |||||||||||||||||||
|
Return to Previous page | |||||||||||||||||||
DescriptionThis Texas Mechanics Lien form is for use in collecting payment for work done. At the time the original contractor requests payment from the owner or the owner's lender for the construction of improvements under a residential construction contract, the original contractor shall provide to the owner a disbursement statement. The statement may include any information agreed to by the owner and the original contractor and must include at least the name and address of each person who subcontracted directly with the original contractor and who the original contractor intends to pay from the requested funds. The original contractor shall provide the disbursement statement: (1) in the manner agreed to in writing by the owner and original contractor; or (2) if no agreement exists, by depositing the statement in the United States mail, first class, postage paid, and properly addressed to the owner or by hand delivering the statement to the owner before the original contractor receives the requested funds. The failure of an original contractor to comply with this section does not invalidate a lien under this chapter, a contract lien, or a deed of trust. A person commits an offense if the person intentionally, knowingly, or recklessly provides false or misleading information in a disbursement statement required under this section. An offense under this section is a misdemeanor. A person adjudged guilty of an offense under this section shall be punished by a fine not to exceed $4,000 or confinement in jail for a term not to exceed one year or both a fine and confinement. A person may not receive community supervision for the offense.§ 53.258. | |||||||||||||||||||
| 100% Satisfaction Guaranteed | Privacy Policy | Free Shipping on forms by mail. | |||||||||||||||||||
Buy a Forms Package and Save: Click here for a savings of 21% !
For More Information Read the Texas Construction Lien Law Law Summary. ![]() | |||||||||||||||||||
| Related Construction Lien Forms
| |||||||||||||||||||
| Related Legal Definitions | |||||||||||||||||||
All forms provided by U.S. Legal Forms, Inc. (USLF), the nations leading legal forms publisher. USLF forms are carefully reviewed and updated by attorneys. When you need a legal form, don't accept anything less than the USlegal brand. "The Forms Professionals Trust.®" | |||||||||||||||||||