Certificate Of Completion And Satisfaction

State:
Multi-State
Control #:
US-01032BG
Format:
Word; 
Rich Text
Instant download

Description

A mechanic's (or construction) lien is a claim created by statute to secure priority of payment for labor performed or materials furnished in the making of improvements on real property. A mechanic's lien attaches to the land as well as improvements on the land. Mechanics' liens are purely statutory in origin, and a mechanic's lien may not exist unless it is expressly created by the terms of a statute. This form is a sample of a certificate of a lienholder that the debt secured by the release has been paid and stating that the lien should be marked discharged in the appropriate land records.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Certificate of Completion means certificate issued by the Company to the Contractor stating that he has successfully completed the jobs/works assigned to him and submitted all necessary reports as required by the Company.

Definition of practical completion 'Practical completion' means when the building works are complete except for minor omissions and defects that do not prevent the building works from being reasonably capable of being used for their usual purpose.

A document filed in the public records certifying that a recorded lien on real property has been paid in full.

Practical completion is the day when 'practically' all the work on your home has been completed. Handover occurs after this stage when you're ready to move into your brand-new home. Simply put, handover is when we give you the keys to the house, practical completion is that stage beforehand.

Satisfaction and release is the formal paperwork stating that a consumer has paid the full amount owed under a court judgment. A satisfaction and release proves that they have paid their debt and prevents creditors from trying to recover more money from them.

More info

This part form is part of our California Contract Package. To certify that they completed to satisfaction the following task: Signed by: Page 2.When that is completed, the contractor receives all the remaining funds they are due. Satisfaction of Section 7. 01(a) of the Original Agreement. Customer Certification. Notice to Customer: Please sign this certificate when the work is completed to your satisfaction. Documents have been received and accepted. What is an AIA Certificate of Substantial Completion?

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Certificate Of Completion And Satisfaction