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 With Lien Release
Category:
State:
Oregon
Control #:
OR-13-09
Format:
Word;
Rich Text
Instant download
Description
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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
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 fill out a California Conditional Waiver and Release on Progress Payment Name of Claimant. Write your full business name. Name of Customer. Write the full name of the party who hired you. Job Location. ... Owner. ... Through Date. ... Maker of Check. ... Amount of Check $ ... Check Payable to.
The document you must file to release a mechanic's lien in Oregon is known as a satisfaction of lien form. 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).
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.