Michigan Partial Unconditional Waiver of Lien - Individual
Understanding this form
The Partial Unconditional Waiver of Lien - Individual is a legal document used by contractors, subcontractors, or suppliers to acknowledge receipt of payment for services or materials provided. This form confirms that the signer waives their right to place a construction lien on the property for the amount paid. It is essential for communicating to the property owner that payment has been made, and there are no outstanding liens for the specified amount. This form is different from other lien waivers because it is unconditional and can be used for partial payments made during a project.
What’s included in this form
- Parties involved: Names of the contractor, subcontractor, or supplier and the property owner.
- Description of work: A detailed description of the work or materials provided.
- Property description: Identifies the property related to the work performed.
- Amount waived: Specifies the exact amount of the payment being acknowledged.
- Date: Indicates the date through which services were provided.
- Signature line: Requires the lien claimantâs signature, printed name, address, and telephone number.
When to use this document
This form should be used when a contractor, subcontractor, or supplier has received payment for services or materials related to construction work. It is particularly important for confirming that the property owner is informed about the waiver of lien rights. Using this waiver helps to establish clear communication and ensures that all parties understand the current status of payments and liens, which can help prevent potential disputes down the line.
Who needs this form
- Contractors who have completed work on a property and have received partial payment.
- Subcontractors or suppliers providing materials or services and need to document payment receipt.
- Property owners wishing to ensure that payments made to contractors and subcontractors do not result in unforeseen construction liens.
Instructions for completing this form
- Identify the parties: Fill in the names of the lien claimant and the property owner.
- Specify the property: Clearly describe the property involved in the construction work.
- Enter the description: Provide a detailed account of the work performed or materials supplied.
- State the payment amount: Write the amount being waived based on the payment received.
- Sign and date the form: Ensure the lien claimant signs and dates the document accurately.
Is notarization required?
This form does not typically require notarization to be legally valid. However, some jurisdictions or document types may still require it. US Legal Forms provides secure online notarization powered by Notarize, available 24/7 for added convenience.
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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.
Avoid these common issues
- Leaving the form incomplete or failing to fill in all required fields.
- Not signing or dating the waiver, rendering it invalid.
- Failing to provide an accurate description of work or the correct payment amount.
- Using the form without verifying state-specific requirements.
Why complete this form online
- Convenience of immediate access to download and complete the form.
- Easy editing capabilities allow users to tailor the document as needed.
- Reliable templates drafted by licensed attorneys to ensure legal compliance.
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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).
