Michigan Partial Unconditional Waiver of Lien - Individual
What is this form?
The Partial Unconditional Waiver of Lien - Individual is a legal document used by contractors, subcontractors, or suppliers to acknowledge receipt of payment. Unlike other lien waivers, this form specifically indicates that construction lien rights are being waived for a specified amount, simplifying transactions in the construction industry. It is typically provided whenever a payment is made, ensuring that property owners are notified that lien rights have been relinquished for the work performed and materials supplied.
Key components of this form
- Identification of the lien claimant and the party with whom they have a contract.
- Description of the work and/or materials provided for property improvement.
- Specification of the property where the work was done.
- Amount being waived and the date through which labor or materials have been provided.
- A statement regarding whether previous waivers are included.
- Signature and contact details of the lien claimant.
Situations where this form applies
This form should be used when a contractor, subcontractor, or supplier receives payment for construction work or materials provided. It's particularly important in scenarios where there is a need to formally waive lien rights to avoid claims against property by those who have been paid. Using this form helps clarify payment records and protects both the payer and the recipient.
Who this form is for
The following individuals or entities should use this form:
- Contractors engaged in construction work.
- Subcontractors who provide labor or materials to contractors.
- Suppliers who furnish materials for construction projects.
- Property owners who want assurance about lien rights after making payments.
Completing this form step by step
- Identify the lien claimant and enter their name.
- Provide the name of the party with whom the contract is made.
- Describe the specific work and/or materials that were provided.
- Specify the property address where the improvements were made.
- Fill in the amount being waived and the relevant dates.
- Sign and print the name of the lien claimant, and include their contact information.
Does this form need to be notarized?
This form does not typically require notarization unless specified by local law. However, if required, having it notarized can add an extra layer of verification for all parties involved.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to complete all required fields before signing the form.
- Not specifying the correct amount being waived.
- Omitting the description of work or materials provided.
- Filing the form without making copies for record-keeping.
Benefits of using this form online
- Instant access to legally vetted templates from licensed attorneys.
- Easy to edit and customize according to specific transactions.
- Secure storage for important legal documents.
- Saves time compared to drafting a form from scratch.
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FAQ
A lien waiver is signed before a lien is actually filed. The party submitting the lien waiver states that they waive the right to lien against the project. In some instances, the property owner or general contractor may request that you sign and deliver a lien waiver before payment is disbursed.
As adjectives the difference between unconditional and conditional. is that unconditional is absolute; without conditions, limitations, reservations or qualifications while conditional is limited by a condition.
An "Unconditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date with no stipulations. A "Conditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date, provided the payments have actually been received and processed.
Name of Claimant. This is the name the party to be paid, and the party who will be signing the lien waiver document. Name of Customer. Job Location. Owner. Exceptions. Claimant's Signature. Claimant's Title. Date of Signature.
An "Unconditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date with no stipulations. A "Conditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date, provided the payments have actually been received and processed.
Conditional Waiver for Progress or Partial Payment A partial conditional waiver should be used when you are expecting to receive a progress payment on the project. You may be expecting future payments on the project, but are looking to sign a waiver for a specific progress or partial payment that you are receiving.
An unconditional partial waiver should be used when you have received a progress payment on the project. You may be expecting future payments on the project, but are looking to sign a waiver for a specific progress or partial payment that you are receiving.
Name of Claimant. This is the name the party to be paid, and the party who will be signing the lien waiver document. Name of Customer. Job Location. Owner. Exceptions. Claimant's Signature. Claimant's Title. Date of Signature.
Conditional lien waivers are conditioned upon something (typically the receipt of payment).The party receiving payment maintains its right to file a lien until the check is actually cashed; the party making payment will never face double payment (paying the party they hired and also being faced with a lien).
