Contractor Lien Waiver Form Georgia

State:
Multi-State
Control #:
US-00669
Format:
Word; 
Rich Text
Instant download

Description

The Contractor lien waiver form Georgia is a legal document used by contractors to waive their right to claim a lien for labor, services, or materials provided up to a specific date on a designated property. This form is essential for contractors working in Georgia, as it helps establish clear communication and understanding with property owners regarding payments and project completion. The key features of the form include a clear indication of the contractor's agreement to release lien rights unconditionally, as well as an indemnification clause that protects the owner from future claims related to the contractor's work. Users should fill in the specified date, the owner's name, and ensure the legal description of the property is attached. It is crucial to execute the document in the presence of a notary public to enhance its legal validity. Additionally, this form is highly relevant to attorneys, partners, owners, associates, paralegals, and legal assistants in real estate and construction law. They can utilize the form to ensure that contractors properly release their lien rights, thus aiding in smoother transactions and project completion. Understanding the usage and requirements of this form is vital for avoiding disputes and fostering trust between parties involved in construction projects.

How to fill out Waiver Of Lien?

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FAQ

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.

Georgia's lien waiver form does not have to be witnessed or notarized, but it is common to require one or the other in case the party waiving lien rights later claims forgery.

A lien waiver works like a receipt that payment has been made, or has been promised, for work or materials furnished on a job. These documents are exchanged at the time of payment, and commonly attached to subcontractor pay applications or vendor invoices.

Georgia is just one of 12 states that provide statutory lien waiver forms and have specific lien waiver laws.

Record the lien with the county recorder's office where the job site is located. Serve a copy of the lien via certified mail to the property owner or the contractor as the agent for the owner. The copy of the lien must be served within 2 business days after the lien is recorded.

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Contractor Lien Waiver Form Georgia