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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...?
A lien waiver is a written instrument by which a contractor, subcontractor, material supplier or other potential lien claimant fully or partially relinquishes its right to assert a lien against another's property.
The waivers need not be notarized. It is sufficient that it is in writing. The taxpayer is bound to submit his duly executed waiver to the officers of the Bureau and to retain his copy of the accepted waiver.
Missouri does not require that lien waivers be notarized in order to be effective. However, there are specific signature requirements that apply to residential jobs.
A subcontractor or supplier not in privity of contract with a property's owner must provide the owner with at least 10 days' written notice prior to filing a lien statement.