Waiver Construction Lien Without Contract

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

Description

The Waiver of Construction Lien Without Contract is a legal document used by corporations to relinquish their right to file a construction lien against real property after providing services or materials. This form is crucial for contractors, subcontractors, and material suppliers who need to confirm that they have received payment for their work and wish to avoid potential legal disputes related to lien rights. Key features of the form include the identification of the company waiving the lien, the details of the owner, and a description of the work performed. Users must fill in specific information such as the corporation name, the state of incorporation, and the address of the property involved. Additionally, a financial consideration must be noted to validate the waiver. This form serves as an essential tool for attorneys, paralegals, and legal assistants in ensuring compliance with local laws regarding construction liens and protecting the parties' interests. It is often utilized when a contractor is paid for their work, and subsequent lien claims need to be avoided to maintain good business relations. The document must be signed by an authorized officer of the company and notarized, as required by state law for further legal validity.
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FAQ

Written Contracts A contractor is not entitled to a construc- tion lien against the interest of any owner or lessee in a residential structure unless the contractor has a written contract with the owner or lessee.

Prior to filing a lien, a lienor who does not have a direct contract with the owner, must serve the owner with a Notice to Owner. The Notice to Owner must state the lienor's name and address, and a description of the real property and the nature of the services or materials being furnished.

2 An unlicensed builder is not entitled to claim a lien against the property. In addition, unless your written contract contains other language required by Michigan Construction Lien Act, MCL 570.110 et seq., that, too, may bar you from recording a claim of construction lien.

How to Fill Out The Conditional Final Payment Waiver 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. ... Amount of the Check. ... Check Payable To. ... Exceptions. ... Claimant's Signature.

In Wisconsin, a lien waiver statement must include the amount of money being paid, any other payments made, and the dates of payments. This document must be provided by the property owner to ensure that financial transactions between contractors and homeowners are valid under the law.

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Waiver Construction Lien Without Contract