This Conditional Waiver and Release of Claim of Lien Upon Final Payment is for use by a lienor in consideration of final payment to waive and release his or her lien and right to claim a lien for labor, services or materials furnished through a particular date to a customer on the job of an owner of property. This Conditional Waiver and Release of Lien Upon Final Payment is conditioned upon the lienor receiving collected funds for the described work, and if these funds are not received within a certain number of days of the date of this waiver, this Conditional Waiver and Release of Lien is void.
Oregon Lien Waiver Form For Contractors
Category:
State:
Oregon
Control #:
OR-13-09
Format:
Word;
Rich Text
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How to fill out Oregon Conditional Waiver And Release Of Claim Of Lien Upon Final Payment?
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FAQ
Once you have received payment from the customer, you must complete and file an Oregon satisfaction of lien form to release a mechanic's lien in Oregon (also known as a construction lien).
There is no statutory requirement in Oregon that a lien waiver be notarized. However, OR Rev Stat § 701.630 (2015) specifically notes that an ?original contractor or subcontractor may require that . . . waivers of lien be notarized? by contract.
Either the property owner pays the amount you are owed, or you may file a lawsuit to foreclose the lien. 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.
How to File a Mechanic's Lien in Oregon ? Step-By-Step Guide Step 1: Determine if you have the right to file a lien. Step 2: Send notice of right to lien. Step 3: Prepare the lien document. Step 4: File the lien. Step 5: Send notice of lien. Step 6: Secure payment. Step 7: Release the lien.
An original contractor that fails to provide a written contract as required by law, may not place a construction lien against the owner's property. materials, labor, equipment, or services provided to your project from everyone who sends you a Notice of Right to Lien.