Lien Release Form With Signature

• Category: Liens - Construction - Mechanics
• State: Mississippi
• Control #: MS-08-09
• Format: Word; Rich Text

Description

The Lien Release Form with Signature is a crucial document designed for mechanics and materialmen who have completed work on a property and wish to release any claims or liens against that property upon receiving final payment. This form provides a clear waiver of any rights to file future liens, ensuring the property owner has clear title once payment is made. Essential features of this form include sections for the contractor's name, description of labor and materials, project details, and a space for notarization, which adds an extra layer of validity to the release. Users must fill in accurate financial information and project details, and it is vital to ensure all required signatures are present to avoid disputes. Attorneys, partners, owners, associates, paralegals, and legal assistants should particularly note the requirement for a notary public, as this can significantly impact the enforceability of the document. The form is especially useful in construction and real estate transactions where ensuring lien clearance is important for both parties involved. Additionally, users should be aware of the 60-day validity period post-signing, as claims not recorded within this timeframe may limit their ability to contest payments.