The lienor in consideration for final and full payment, waives and releases its lien and right to claim a lien for labor, services, or materials furnished during a certain date.
Construction Lien Form Alberta
Category:
State:
Multi-State
Control #:
US-01740
Format:
Word;
Rich Text
Instant download
Description
How to fill out Waiver And Release Of Lien By Contractor?
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FAQ
Subject to some exceptions, a lien for materials, services, or wages may be registered any time up to 45 days from the day the last materials, services, or wages were provided, or since the contract was abandoned. After those 45 days elapse, the lien expires.
Cancelling a lien: Use Cancellation of Builders' Lien Form. You or your agent (if someone else filed your lien for you) may cancel your lien. You or your agent must have a witness to your signature.
A lien for materials, services or wages can be registered at any time up to 45 days from the date the last materials, services or wages were provided or the contract was abandoned. Failing to do so leads to the expiration of the liens.
1. The lien MUST be filed at Land Titles within the following calendar (not business) days: a. 45 days for a regular lien, OR b. 90 days for an oil and gas lien *From the date the work was completed, or the last materials supplied.
Posting either a lien bond or cash as security to discharge a builders' lien is standard practice in Alberta.
