The lienor in consideration for final and full payment, waives and releases its lien and right to claim a lien for labor, services, or materials furnished during a certain date.
Tennessee Waiver and Release of Lien by Contractor
Category:
State:
Multi-State
Control #:
US-01740
Format:
Word;
Rich Text
Instant download
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FAQ
In Tennessee, the title is given to the owner, or if applicable, the first lienholder. When a lien is satisfied, the lienholder is required to sign the release on the title, forward title to the owner and notify the Division within seventy-two (72) hours of the release.
Mechanic's lien deadlines in TN are dictated by project completion or abandonment. For commercial projects, you should file the lien and serve a notice of the lien on the owner within 90 days after completion or abandonment of the project or 30 days from the date the notice of completion was filed.
Lien claim (Private): Prime contractor - 30 days after Notice of Completion is filed, otherwise not required; Subcontractor - 90 days after last furnishing labor/materials unless Notice of Completion is filed, then 30 days after Notice.
Ing to the mechanics lien law, after your notices are served timely the lien must be filed in the county recorder's office in the county where the property is located. The lien may either be served by certified mail, return receipt requested, or personally served on each of the parties.
Once a judgment lien is created by registration as provided in § 25-5-101(b), it will last for the time remaining in a ten-year period from the date of final judgment entry in the court clerk's office.
This form advises the party that a lien will be filed if payment is not received within 10 days. Since this is a non-required document, you can deliver it electronically, or via mail. Sending documents via certified mail always adds another layer of professionalism to your payment practices.
Subcontractors, also known as remote contractors under Tennessee law, must provide a preliminary notice to both the general contractor and owner within 90 days of the last day of each month work was completed, and they have 90 days to both file (serve a Notice of Lien) and enforce a mechanic's lien after work is ...
Tennessee statute requires that a lien waiver must be expressly agreed to in writing, but the waiver does not need to be notarized.
