Get The Potential Dangers Of A Partial Waiver Or Release ... - Dleg State Mi

Completing the form for the potential dangers of a partial waiver or release is an important step for users involved in construction contracts. This guide will walk you through each section of the form systematically, ensuring you understand how to provide accurate information while filing online.

Follow the steps to complete the form accurately.

1. Click ‘Get Form’ button to access the form and launch it in your preferred editor.
2. In the first section, specify the name of the other contracting party involved in your contract. This ensures clarity on who the waiver is being addressed to.
3. Next, detail the improvement being made to the property. Clearly describe the type of work or materials involved to avoid any ambiguity.
4. Indicate the total amount being waived for the construction lien for labor or materials provided. Replace the placeholder with the specific dollar amount.
5. You will also need to provide the date related to the cutoff for draw payment or actual payment to confirm the timing of the waiver.
6. Choose whether this waiver covers all amounts due by circling 'does' or 'does not,' depending on your situation. This is crucial for legal clarity.
7. Note that the waiver's validity is conditional on the actual payment of the specified amount. Ensure this is clear in your documentation.
8. If applicable, record the printed name and signature of the lien claimant to verify the authenticity of the document.
9. Complete the signing date, address, and telephone number for contact purposes. This personal information is essential for validation.
10. Review the completed form carefully. Avoid signing any blank or incomplete forms. Once satisfied, press the Print button to print your completed document.
11. If needed, make use of the Clear button to reset the form for re-entry of information.

Start completing your documents online to ensure proper management and adherence to legal requirements.