Unconditional Lien Waiver Form With Notary Signature

Category:

Liens - Construction - Mechanics

State:

Multi-State

Control #:

US-01740

Format:

Instant download

Description

The Unconditional Lien Waiver Form with Notary Signature is a crucial legal document utilized in the construction industry, allowing a lienor to waive their right to file a lien against a property upon receiving final payment. This form ensures that the lienor—typically a contractor or subcontractor—releases any claims related to labor, services, or materials provided up to a specific date. It's essential for establishing clear financial transactions and protecting property owners from potential liens. Key features of the form include sections for the lienor’s name, the customer’s name, and details about the property, along with a notary section for formal acknowledgment. Filling out the form requires precision; users must clearly indicate the payment amount and dates. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form invaluable, as it aids in the secure and transparent completion of construction projects. It's often used prior to final payments in contract agreements to prevent future disputes over payments owed. The clarity and straightforwardness of this document support users in navigating legal obligations effectively.

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How to fill out Waiver And Release Of Lien By Contractor?

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FAQ

How to fill out a Texas Unconditional Waiver and Release on Final Payment Project. This is the official name of your project. ... Job No. This is your project number or contract number. Person with whom signer contracted. ... Owner. ... Location. ... Job description. ... Date. ... Company name, Signature, Title.

The unconditional waiver states that your lien rights are now waived, since you have been paid in full, for the period indicated in your payment application. You should not sign the unconditional lien waiver until you have been paid in good funds (the check has cleared).

A claimant is a person who, if not paid, can file a lien on your property.

Now, lien waivers no longer need to be notarized in Texas, so long as your contract originated after .

Before the start of 2022, lien waiver forms had to be notarized to make it official. However, the latest updates to the Texas Lien Laws effective on January 1st, 2022 removed this requirement and lien waivers do not need to be notarized anymore.