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.
Contractor Release Of Lien Form With Notary Signature
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Multi-State
Control #:
US-01740
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Word;
Rich Text
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Description
How to fill out Waiver And Release Of Lien By Contractor?
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FAQ
The following states have no notarization (or any other attestation) requirements for mechanics liens: California. Georgia. Hawaii.
Release details: Provide a statement confirming that the borrower has fully repaid the debt and that the lienholder is relinquishing their legal claim on the property or asset. Include the date when the borrower paid off the debt.
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.
Texas Property Code, Section 53.284, prescribes statutory language for Waiver and Release of Lien or Payment Bond Claims. Waivers for claims under a PRIME CONTRACT signed AFTER January 1, 2021, DO NOT need to be notarized. Waivers for claims under a PRIME CONTRACT signed BEFORE January 1, 2021, MUST be notarized.
California has no requirement that a lien waiver must be notarized; in fact, this could even invalidate the form.
