This notice constitutes evidence that the construction has been completed. Failure of the owner to file the notice will usually increase the amount of time within which the lien claimant may file the lien claim.
This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a notice in a particular jurisdiction.
The Tennessee Notice by Owner of Completion of Construction Work is a legal document used to formally notify parties involved in a construction project about the completion of work. This notice is essential for protecting the rights of the owner and ensuring compliance with Tennessee state laws. It serves as evidence that the project has been finished and that the contractor should receive the final payment. Keywords: Tennessee, Notice by Owner, Completion of Construction Work, legal document, construction project, owner's rights, compliance, state laws, evidence, finished project, final payment. Types of Tennessee Notice by Owner of Completion of Construction Work: 1. Standard Notice by Owner of Completion: This is the most common type of notice used in Tennessee to inform all parties involved in a construction project that the work has been completed. It includes details such as the project's address, completion date, owner's information, contractor's information, and any outstanding amounts. 2. Conditional Waiver and Release Upon Final Payment: This type of notice is often used when the owner is preparing to make the final payment to the contractor. It states that in exchange for the payment, the contractor waives all rights to claim any lien or right of action against the owner for the work completed. 3. Unconditional Waiver and Release Upon Final Payment: This notice is similar to the conditional waiver and release, but it differs in that it is used when the contractor has already received the final payment. It releases the owner from any potential liability or disputes related to the completed construction work. 4. Waiver of Lien Rights: This notice is used by the contractor to formally waive their right to file a lien on the property after the completion of the construction work. This document is typically requested by the owner as a condition for the final payment. 5. Notice of Acceptance: This type of notice is used by the owner to confirm the acceptance of the completed construction work by acknowledging its compliance with the agreed-upon specifications. It also serves as evidence of the owner's satisfaction with the project's outcome. 6. Notice of Final Payment: This notice is issued by the owner to inform the contractor that the final payment is being made. It includes details such as the payment amount, any pending change orders, and the date on which the payment is expected to be made. In summary, the Tennessee Notice by Owner of Completion of Construction Work is a crucial document to protect the owner's rights, ensure compliance with state laws, and facilitate the final payment process. Various types of notices, including standard completion notices and waivers, are used depending on the specific circumstances and stages of the project.
