Construction Lien Waiver Form Texas

State:
Multi-State
Control #:
US-0103BG
Format:
Word; 
Rich Text
Instant download

Description

The Construction Lien Waiver Form Texas is a legal document used to relinquish a party's right to file a construction lien against a property. This form is primarily utilized by contractors, subcontractors, and suppliers who have provided services or materials for improvements to real property. Key features of the form include the identification of the parties involved, a detailed description of the work or materials provided, and a declaration of the waiver of lien rights in exchange for a specified payment. Filling and editing the form involves entering the names of the parties, the scope of work, the amount of consideration received, and obtaining necessary signatures along with notarization. It is advisable for users to ensure that the form is completed accurately and complies with state regulations. This form is crucial for attorneys, partners, and paralegals involved in construction law, as it helps protect clients from future lien claims. Additionally, owners and associates may find this form beneficial to establish clear agreements and maintain smooth project execution without legal hindrances.
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How to fill out Waiver Of Construction Lien?

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FAQ

Now, lien waivers no longer need to be notarized in Texas, so long as your contract originated after .

How to fill out a Texas Unconditional Waiver and Release on Final Payment Project. This is the official name of your project. ... Job No. This is your project number or contract number. Person with whom signer contracted. ... Owner. ... Location. ... Job description. ... Date. ... Company name, Signature, Title.

Yes. Conditional progress, unconditional progress, conditional final, and unconditional final lien waivers are the four lien waiver forms available in Texas. Conditional lien waivers are signed at the time payment is received but the actual lien rights are released only after the payment has cleared the bank.

The unconditional waiver states that your lien rights are now waived, since you have been paid in full, for the period indicated in your payment application. You should not sign the unconditional lien waiver until you have been paid in good funds (the check has cleared).

A Texas lien waiver must be signed and notarized. Texas is just one of three states with this requirement. Failure to notarize a lien waiver will invalidate it.

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Construction Lien Waiver Form Texas