Texas Final Bills Paid Affidavit
Understanding this form
The Final Bills Paid Affidavit is a legal document that a construction contractor delivers to the property owner at the time of final payment under a residential construction contract. This form serves to confirm that the contractor has settled all obligations with subcontractors, laborers, suppliers, and materialmen for work related to the construction, renovation, or repair of the property. It prevents future claims against the owner for unpaid bills, distinguishing it from other payment-related forms by ensuring that all parties are cleared before final payment is made.
When to use this form
This form is necessary when a property owner is making final payment to a contractor after the completion of a residential construction project. It serves as a safeguard for the owner, ensuring that all parties involved in the project have been paid, thereby preventing future disputes and potential lien claims. This affidavit is commonly used in the final stages of payment for renovations, new constructions, or repair work on residential properties.
Who should use this form
This form is intended for:
- Contractors who are completing a residential construction project.
- Property owners making final payments to contractors.
- Subcontractors and suppliers who may have a claim against the contractor for unpaid bills.
- Legal professionals advising clients on residential construction matters.
Steps to complete this form
- Identify the contractor and owner appropriately at the beginning of the document.
- List all subcontractors, laborers, suppliers, and materialmen who have been paid, including their contact information.
- Specify any outstanding bills with details such as the payee, amount owed, and contact information.
- Read and sign the affidavit, ensuring that you understand the implications of the waiver of lien rights.
- Confirm compliance with the Texas Property Code as stated in the affidavit.
Does this form need to be notarized?
This document requires notarization to meet legal standards. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available 24/7.
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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.
Typical mistakes to avoid
- Failing to list all subcontractors or suppliers owed money.
- Not specifying the amounts owed accurately.
- Leaving the affidavit unsigned or improperly dated.
- Not understanding the implications of waiving mechanics lien rights.
Why use this form online
- Convenience of downloading and completing the form at any time.
- Editability allows customization to specific project needs.
- Access to legally vetted templates that ensure compliance with relevant laws.
- Time-saving, as you can fill out the form quickly without visiting a lawyer's office.
