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  • Type 1 Form - (ors 87

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CONDITIONAL WAIVER AND RELEASE UPON PROGRESS PAYMENT (OREGON) TYPE 1 FORM (ORS 87.001 et seq.) Property Name: Property Location: Undersigneds Customer: Invoice / Payment Application Number: Payment.

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How to use or fill out the TYPE 1 FORM - (ORS 87 online

The TYPE 1 FORM - (ORS 87 is essential for documenting progress payments in the construction industry. This guide provides clear instructions on how to accurately complete the form, ensuring that all necessary information is included and that your rights are protected.

Follow the steps to successfully fill out the TYPE 1 FORM - (ORS 87.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Fill in the property name where the work has been performed. It is essential to provide the accurate name to avoid any legal issues later.
  3. Next, input the property location, ensuring that the address is complete. This helps specify the exact site related to the transaction.
  4. Enter the name of the customer for whom the undersigned has performed work. This identifies the party responsible for payment.
  5. Include the invoice or payment application number to reference the specific billing associated with this release.
  6. State the payment amount clearly. This is the sum that will trigger the waiver of any claims as per the conditions set forth in the form.
  7. The undersigned must endorse the payment check and verify that it has cleared the bank. Initials or signatures might be required here as well.
  8. Provide a description of the type of work, materials, and/or equipment furnished. This should directly relate to the payment described earlier.
  9. Date the form as of when it is completed to ensure the accuracy of the submitted documentation.
  10. Include the company name of the undersigned and the signature of the authorized individual along with their title. This indicates legal acknowledgment of the terms.
  11. Finally, provide a contact phone number for the claimant to facilitate any follow-up regarding the release.
  12. After completing all sections, save your changes, and then download, print, or share the form as needed.

Complete your TYPE 1 FORM - (ORS 87 online to ensure your rights and interests are protected.

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A lien created by ORS 87.503 (Lien for long term care) shall not continue in existence for a period of more than 10 years after the date on which the lien was perfected under ORS 87.507 (Perfecting lien). [1995 c. 749 §9; 1997 c. 744 §9] Note: See note under 87.501 (Definitions for ORS 87).

In Oregon, construction liens generally need to be recorded within 75 days from the date the project was substantially completed, or 75 days from the date that the lien claimant stopped providing labor, material, equipment, or services, whichever hap- pened first.

Under Oregon's laws, those who work on your property or provide labor, equipment, services or materials and are not paid have a right to enforce their claim for payment against your property. This claim is known as a construction lien.

Prior to filing a lien, a lienor who does not have a direct contract with the owner, must serve the owner with a Notice to Owner. The Notice to Owner must state the lienor's name and address, and a description of the real property and the nature of the services or materials being furnished.

Within 120 days of the date you recorded the lien, you must bring a lawsuit to foreclose on the lien. The lien will become invalid after 120 days if a court action is not filed.

There are different types of liens in Oregon including tax liens, judgment liens, mortgage liens, and mechanics' liens. These lien types can also be classified as voluntary or involuntary, general or specific; find out which type of lien in Oregon applies to you.

After you file After it's all said and done, your Oregon mechanics lien is valid for 120 days after the filing date.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232