Lien Release For Construction Work

Category:

Liens - Releases and Waivers

State:

Multi-State

Control #:

US-01775-AZ

Format:

Instant download

Description

The Lien Release for Construction Work is a vital legal document that allows a lienholder to formally relinquish any claim against a property once payment for services or materials has been received. This form outlines the essential details, including the lienholder's name, the contracting parties involved, and the property in question. It specifies that a notice of lien was filed in the relevant county and acknowledges the receipt of a specified payment. Upon completion, the form serves to release the property owner from any further liability relating to the contracted work and instructs the discharge of the lien in public records. This document is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects or property transactions, ensuring clarity and legal protection. The form should be filled out completely with accurate details, and it requires notarization to validate the release. Its use cases include finalizing contracts, resolving disputes related to lien claims, and facilitating smooth property transactions post-construction.

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How to fill out Release Of Lien?

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FAQ

Conditional Waiver and Release Upon Final Payment Use this form when the claimant is required to sign a waiver and release in exchange for, or in order to, induce a final payment, and the claimant has not yet been paid. This release is only binding if there is evidence of payment to the claimant.

Under California Civil Code 8400 8494, a property owner can petition the court for a release order, releasing a California mechanics lien from the property. In order to make a petition, the property owner must give the lien claimant 10 days notice, giving them time to release the lien voluntarily.

Released For Construction Documents means all drawings, specifications, revisions thereto, and any other items necessary to construct the work, signed and sealed by an Engineer of Record.

Lien waivers generally come in two forms: conditional and unconditional. In a nutshell, conditional lien waivers show how much money is owing through a particular date, and unconditional lien waivers show how much money has been paid for work through a particular date.

Step 1: Contact the Lien Claimant and Request.Step 2: Obtain a Certified Copy of the Claim of Lien.Step 3: Prepare the Required Court Pleadings.Step 4: Copy and Assemble the Documents.Step 5: File Documents in Court, Pay Filing Fee, and Ask Clerk for a Hearing Date.Step 6: Have the Petition and Other Documents Served.More items...?