Lien For Construction With Property

State:
Multi-State
Control #:
US-01740
Format:
Word; 
Rich Text
Instant download

Description

The Lien for Construction with Property form is a legal document that allows a lienor to waive and release their lien rights upon receiving final payment for labor, services, or materials provided. This form is particularly useful for contractors, subcontractors, and suppliers who want to ensure they are paid for their contributions to a construction project. Key features include spaces to specify the amount of final payment, the date of completion, and details of the customer and property owner. Filling out this form requires clear identification of the parties involved and the property description. It is essential that the lienor signs and dates the document to validate the release. For the target audience—attorneys, partners, owners, associates, paralegals, and legal assistants—this form serves to prevent future disputes over unpaid work and showcases professional transparency in construction dealings. Proper use of this form can streamline payment processes and foster good relationships among all parties involved in construction projects.

How to fill out Waiver And Release Of Lien By Contractor?

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FAQ

Protect Yourself and Your Investment. ing to Florida law, those who work on your property or provide materials, and are not paid-in-full, have a right to enforce their claim for payment against your property. This claim is known as a construction lien.

In Oregon, construction liens generally need to be recorded within 75 days from the date the project was substantially completed, or 75 days from the date that the lien claimant stopped providing labor, material, equipment, or services, whichever hap- pened first.

The lien must be filed within 75 days of the last day labor was provided or materials furnished.

In addition to a statutory Lien, the TEXAS CONSTITUTION, ARTICLE XVI, SECTION 37, provides certain Original Contractors (those who have a direct contract with the Property Owner or the Owner's Agent) with a second basis for a Lien, known as a ?constitutional Lien.? Unlike a statutory Lien (which must be filed within a ...

A claimant must record a lien within 120 days from the date the claimant last furnished services or materials. Once a lien is recorded, the claimant must send a copy of the lien to the property owner within 10 days.

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Lien For Construction With Property