Michigan Waiver of Lien Agreement by Subcontractor

State:
Multi-State
Control #:
US-OG-413
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Surface Owner agrees that a restriction provision is waived (or is amended as described) and is not deemed binding on the Lessee in the Lease.
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FAQ

(1) Each contractor, subcontractor, supplier, or laborer who provides an improvement to real property has a construction lien upon the interest of the owner or lessee who contracted for the improvement to the real property, as described in the notice of commencement given under section 108 or 108a, the interest of an ...

Hear this out loud PauseThere are two basic ways to remove a construction lien. First, if no lawsuit is filed within a year, the homeowner can obtain a certificate from the circuit court clerk confirming that no lawsuit has been filed and the lien is removed by recording the clerk certificate with the register of deeds.

Here is a field-by-field breakdown of this form: 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. ... Maker of the Check. ... Amount of the Check. ... Check Payable To. ... Exceptions.

Hear this out loud PauseMichigan provides to contractors, subcontractors, suppliers and laborers a remedy for payment beyond their customer and beyond their contract. This remedy is called a Construction Lien.

Michigan imposes no limit as to what tier of subcontractor may claim a lien, and a supplier to any tier of subcontractor is likewise allowed mechanics lien protection. Note: if the project is residential, a general contractor may only file a lien if there is a written contract with the property owner.

Hear this out loud PauseMichigan lien waivers do not require notarization, only signature by the claimant.

Even though sending a Notice of Intent to Lien is an optional (not required) step in the state of mi, they are frequently successful at producing payment (without having to take the next step of filing a lien).

You must file a construction lien in Michigan within 90 days of the date you last worked on the property or supplied materials for the improvement project. Failing to meet this strict deadline leaves you without legal recourse.

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Michigan Waiver of Lien Agreement by Subcontractor