Contractor Lien Waiver Form Alabama

Category:

Construction - Liens

State:

Multi-State

Control #:

US-00669

Format:

Instant download

Description

The Contractor Lien Waiver Form Alabama is a legal document used by contractors to waive their right to claim a lien on a property for labor, services, or materials provided. This form is crucial for contractors wishing to assure property owners that there will be no claims against their property after payment is received. It includes essential details such as the contractor's name, the owner's information, and a legal description of the property where services were rendered. The form is unconditional, meaning it covers all lien rights for services delivered up to a specified date. It also contains an indemnification clause, protecting the property owner from any future lien claims arising from the contractor's work. The document must be completed with the date, contractor's signature, and notarization to ensure its legal validity. It is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate and construction law, as it helps streamline project finances and protects all parties from potential disputes. By utilizing this form, users can maintain clear communication about payments and services rendered, ensuring smoother contractual relationships.

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How to fill out Waiver Of Lien?

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FAQ

Remove a Lien from Your AL Title Complete a lien release online. Gather your current vehicle title. Submit the above to the Motor Vehicle Division by mail at the address listed on the lien release application, or in person at your local office.

Original contractors must file the verified statement of lien within six months after the last of item of work has been furnished. Ala. Code § 35-11-215 (1975).

Here is a field-by-field breakdown of this form: Name of Claimant. This is the name the party to be paid, and the party who will be signing the lien waiver document. ... Name of Customer. ... Job Location. ... Owner. ... Maker of the Check. ... Amount of the Check. ... Check Payable To. ... Exceptions.

Both conditional and unconditional lien waivers are allowed. Alabama has no specific statutory provision prohibiting a waiving of lien rights prior to payment. Alabama has no requirement that a lien waiver be notarized, unless otherwise stated by the hiring party.

The Alabama Release of Lien Form is used to cancel a lien that has already been filed. It's most often used to release a lien claim after a lien claimant receives payment. Alabama law requires that a lien cancellation is filed within 30 days after the lien is satisfied.