Oregon Waiver of Mechanic's or Construction Lien

State:
Multi-State
Control #:
US-01051BG
Format:
Word; 
Rich Text
Instant download

Description

A lien or right to claim a lien may be waived by agreement. A waiver of a lien should be in writing, and the writing should plainly show that the claimant or potential claimant clearly and knowingly intended to waive the lien or right to a lien.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

How long is my Oregon mechanic's lien valid for? An action to enforce an Oregon mechanic's lien must be initiated within 120 days after the filing of lien.

Before you start work on a project you should deliver to the owner of the property, either in person or by registered or certified mail, a ?notice of right to a lien.? This notice essentially informs the owner that you are supplying labor, material or equipment to their property and will have the right to file a lien ...

An original contractor that fails to provide a written contract as required by law, may not place a construction lien against the owner's property. materials, labor, equipment, or services provided to your project from everyone who sends you a Notice of Right to Lien.

Either the property owner pays the amount you are owed, or you may file a lawsuit to foreclose the lien. Within 120 days of the date you recorded the lien, you must bring a lawsuit to foreclose on the lien. The lien will become invalid after 120 days if a court action is not filed.

Liens are usually filed by one of your general contractor's subcontractors, employees, material suppliers, or equipment rental companies, because the general contractor did not pay for the work performed, materials supplied, or equipment rented. Your general contractor may file a lien if you have not paid him or her.

How to File a Mechanic's Lien in Oregon ? Step-By-Step Guide Step 1: Determine if you have the right to file a lien. Step 2: Send notice of right to lien. Step 3: Prepare the lien document. Step 4: File the lien. Step 5: Send notice of lien. Step 6: Secure payment. Step 7: Release the lien.

Does Oregon require a specific statutory lien waiver form? No, Oregon does not provide or require statutory forms for lien waivers.

Under Oregon's laws, those who work on your property or provide labor, equipment, services or materials and are not paid have a right to enforce their claim for payment against your property. This claim is known as a construction lien.

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Oregon Waiver of Mechanic's or Construction Lien