Tennessee Contractor Lien Release Form

State:
Tennessee
Control #:
TN-00462-25
Format:
Word; 
Rich Text
Instant download

Description

This form is designed for use between Refrigeration Contractors and Property Owners and may be executed with either a cost plus or fixed fee payment arrangement. This contract addresses such matters as change orders, work site information, warranty and insurance. This form was specifically drafted to comply with the laws of the State of Tennessee.

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How to fill out Tennessee Refrigeration Contract For Contractor?

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FAQ

In Tennessee, the title is given to the owner, or if applicable, the first lienholder. When a lien is satisfied, the lienholder is required to sign the release on the title, forward title to the owner and notify the Division within seventy-two (72) hours of the release.

No. Tennessee statute requires that a lien waiver must be expressly agreed to in writing, but the waiver does not need to be notarized.

Generally, Tennessee lien rights are expansive and include contractors, subcontractors, laborers, equipment, and material suppliers to any tier. Design professionals such as surveyors, architects, and engineers all have lien rights as long as they contracted with the property owner.

Here are the steps for completing the Multi-purpose, Noting of Lien, and Duplicate Title Application.Send the completed form.Include all necessary support documentation.Include all fees.Lien notation fee: $11 per lien.County clerk fee: $5.50.State title fee: $5.50.Additional county fees may also apply.More items...?

Waiver of Lien Most of the standard form building contracts make provision for the Employer to provide a payment guarantee to the Contractor in return for which the Contractor waives his lien over any work done in terms of that contract.

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Tennessee Contractor Lien Release Form