Tennessee Contractor Lien Waiver Form

Category:

Construction - Contractors - Refrigeration

State:

Tennessee

Control #:

TN-00462-25

Format:

Instant download

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Description

The Tennessee contractor lien waiver form is a crucial document used in construction and contracting projects to secure the rights of contractors and subcontractors. This form typically outlines the specifics of a project, including scope of work, time of completion, payment terms, and the responsibilities of both contractors and owners. It is designed to protect the contractor's right to request payment while simultaneously ensuring the owner is aware of any liens that may be placed on their property if payments are not made in full. The form includes provisions for change orders, insurance requirements, and potential penalties for late payments, making it comprehensive and clear. For attorneys, the form serves as a tool to safeguard clients' financial interests during construction projects. Partners and associates benefit from its use in managing project agreements, while paralegals and legal assistants utilize it to ensure compliance with Tennessee's construction laws. Overall, the form is essential for ensuring legal clarity and financial accountability within construction contracts.

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FAQ

Do It Yourself: Steps to file a mechanics lien in TennesseeRead the step-by-step guide. Read the guide.Get the correct form. Download the form.Fill out the form. Be careful!File your lien with the register of deeds. Find your county office.Serve your lien on the owner.

Unlicensed contractors are prohibited by law from filing a lien against a residence (see T.C.A. 62-6-128; and pursuant T.C.A. 66-11-150. Unlicensed contractors may only be paid for documented expenses and not the contract price, in the court pursuant T.C.A.

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...?

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...?

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