A contractor lien waiver form is a legal document used in the state of Georgia to release a contractor's right to file a lien on a property for the work they have completed or materials they have provided. It is an important document for both contractors and property owners as it ensures that all parties involved have legally resolved any payment disputes and can proceed with their projects with peace of mind. In Georgia, there are two main types of contractor lien waiver forms: the partial waiver and the final waiver. 1. Partial Waiver: This type of lien waiver is typically used when a contractor or subcontractor has completed a specific portion of work or has made a partial delivery of materials. It means that the contractor is waiving their right to file a lien for the amount of payment they have received for that particular portion of work or materials. 2. Final Waiver: As the name suggests, this type of lien waiver is used when the contractor has completed the entire project and has been fully compensated for their work and materials. By signing a final lien waiver, the contractor acknowledges that they have received all payments owed and waive their right to file a lien on the property. Both the partial and final lien waiver forms in Georgia include details such as the project's name, the contractor's name and contact information, the property owner's name, the payment amount, and a statement confirming the contractor's waiver of lien rights. These forms are legal documents and must be properly filled out, signed, and notarized to be enforceable. Contractors and property owners should use lien waiver forms in Georgia to protect their interests and ensure a clear resolution to any payment disputes. It is important to consult with a legal professional or utilize a reputable template to ensure the proper execution of these forms, as they can have significant implications on a construction project.
Contractor Lien Release
Description Unconditional Lien Waiver
How to fill out Waiver Of Lien Form?
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