Maryland Lien Waiver Form For Subcontractor

State:
Maryland
Control #:
MD-06A-09
Format:
Word; 
Rich Text
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Description

The Maryland lien waiver form for subcontractor is a legal document used to waive and release a subcontractor's right to claim a lien for labor, materials, or services provided on a property upon receiving final payment. This form serves as an assurance that once the final payment is made, the subcontractor will not pursue any claims against the property for past work. It includes spaces for the date, final payment amount, job details, and the property description, along with the subcontractor’s signature and notarization requirements. The utility of this form is especially significant for attorneys, partners, owners, associates, paralegals, and legal assistants who are navigating construction law or managing project finances. They must ensure the form is filled out accurately, detailing the payment and services rendered, to protect their interests and maintain clear financial records. The form also requires a certificate of delivery to confirm the waiver has been communicated properly to all relevant parties, providing an additional layer of transparency and security. Overall, the Maryland lien waiver form for subcontractor is essential for facilitating smooth transactions and legal compliance within the construction industry.
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FAQ

How to complete the Conditional Waiver and Release on Progress Payment formName of Claimant. The claimant is the party receiving the payment in other words, the one waiving their lien rights.Name of Customer.Job Location.Owner.Through Date.Maker of the Check.Amount of the Check.Check Payable To.More items...?

An "Unconditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date with no stipulations. A "Conditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date, provided the payments have actually been received and processed.

Subcontractors must give the owner written notice of their intent to claim the lien. Subcontractors must give this notice within 120 days after they complete work or provide materials.

Sub-subcontractors and remote suppliers will have lien rights in Maryland, as long as they can prove that their materials were used on the property.

A subcontractor or material supplier has 20 days after beginning work or delivering materials to serve you a Preliminary Notice. If the notice is late, the claimant loses lien rights for work done or materials delivered more than 20 days before the notice.

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Maryland Lien Waiver Form For Subcontractor