Get Owner Affidavit And Indemnity Agreement (mla Construction Completed, Contemplated Or Under Way)

Completing the owner affidavit and indemnity agreement is an important step in ensuring a smooth transaction regarding property improvements. This guide will assist you in accurately filling out the form online, providing a step-by-step approach that is easy to follow.

Follow the steps to fill out the form effectively

1. Click ‘Get Form’ button to access the document and open it in your preferred online editor.
2. In the 'OWNER' section, enter the full name of the property owner. Ensure that you identify each successive owner clearly, as a separate agreement is needed for each during the 120-Day Lien Period.
3. For the 'PROPERTY' field, provide the MLA entry number as well as the street address or a brief description. If necessary, you can also attach a more detailed description as Exhibit A.
4. Review the definitions section to familiarize yourself with terms such as 'improvement', 'labor', 'company', and 'potential lien claimant'. Understanding these terms is crucial for filling out the agreement correctly.
5. In the 'OWNER'S CERTIFICATIONS' section, confirm compliance by checking off the requirements such as the appointment of a Mechanic’s Lien Agent and the posting of relevant information on the property.
6. Complete the declaration by verifying that there are no filed liens for labor, services, or materials on the property and that you have not received any notices of claims.
7. List any potential lien claimants whose labor, services, or materials were provided within the specified 15-Day Period in the designated section.
8. In the 'RELIANCE AND INDEMNIFICATION' section, acknowledge that the agreement is binding and that you agree to indemnify relevant parties against any claims, as specified.
9. Review the entire document thoroughly for accuracy and completeness before proceeding to the execution section.
10. In the 'EXECUTION' section, provide your printed name, title, and sign the affidavit in front of a notary public. Ensure that the notarial seal is affixed once witnessed.
11. Finally, save your changes, download the completed form, and consider printing it for your records or sharing it with relevant parties.

Start filling out the owner affidavit and indemnity agreement online to ensure your property transactions are secure and properly documented.