Lien Form Construction

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

Description

The Waiver and Release of Construction Lien form is a critical document in the construction industry, facilitating the release of a lien when final payment is made. This form is designed for lienors, such as contractors and suppliers, who wish to relinquish their claim for labor, services, or materials once they receive agreed payment. Key features of this form include fields to specify the payment amount, the date services were provided, and the customer and property details, ensuring clarity and proper identification of the transaction. Filling out the form requires attention to detail, as users must accurately enter names, addresses, and relevant dates. Once completed, the form should be signed and dated by the lienor to validate the waiver. It serves multiple purposes, particularly for attorneys, partners, owners, associates, paralegals, and legal assistants in managing construction projects and legal documentation effectively. This form not only protects the lienor’s interests but also clears the way for property owners to address any potential disputes over unpaid services, fostering a smoother transaction process.

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

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FAQ

Lien Registration Fees The fee to register a construction lien in Ontario is $71.20, as of March 2023. This fee is payable to the Ministry of Government and Consumer Services. Discharge Fees If the lien is discharged, there may be additional fees involved.

An Alberta Builders Lien is primarily used with delinquent customers, as leverage to get paid. When you file builders liens in Alberta you are registering your legal interest against the property where the work was done, or materials supplied.

To file a builders lien, the lien claimant must fill out a claim of lien and file it with the land title office. The land title office has an online application that can be used to complete and file the form. Note the form must include the legal description of the project site ? a street address is not enough.

Under the Ontario Construction Lien Act a lien must be registered at the Land Titles Office within 60 days from the date the work is completed or the materials supplied to the project job site.

Under the Ontario Construction Lien Act a lien must be registered at the Land Titles Office within 60 days from the date the work is completed or the materials supplied to the project job site.

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Lien Form Construction