King Washington Owner's and Contractor Affidavit of Completion and Payment to Subcontractors

State:
Multi-State
County:
King
Control #:
US-00585
Format:
Word; 
Rich Text
Instant download

Description

This form should be completed and signed by the owner and contractor, where applicable, to attest that there are no outstanding invoices on the completed project, and that all liens have been dismissed or any future lien rights are otherwise waived. The affidavit further requests that the insurer issue a policy based on these affirmations.
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FAQ

AIA Document G706 is intended for use when the Contractor is required to provide a sworn statement verifying that debts and claims have been settled, except for those listed by the Contractor under ?EXCEPTIONS? in the document. AIA Document G706 is typically executed as a condition of final payment.

IF YOU FAIL TO PAY YOUR CONTRACTOR, YOUR CONTRACTOR MAY ALSO HAVE A LIEN ON YOUR PROPERTY. THIS MEANS IF A LIEN IS FILED YOUR PROPERTY COULD BE SOLD AGAINST YOUR WILL TO PAY FOR LABOR, MATERIALS, OR OTHER SERVICES THAT YOUR CONTRACTOR OR A SUBCONTRACTOR MAY HAVE FAILED TO PAY.

Contractor Affidavit. This Contractor Affidavit must be certified by the Minnesota Department of Revenue before the state of Minnesota or any of its subdi- visions can make final payment to contractors. For more detailed information, see the instructions on the back of this form. Company name.

The Final Payment Affidavit is a sworn statement that serves as a comprehensive outline, issued after completion of a project, to notify the property owner of how much money is still owed for materials and services provided.

G706?1994, Contractor's Affidavit of Payment of Debts and Claims. AIA Document G706??1994 requires the contractor to list any indebtedness or known claims in connection with the construction contract that have not been paid or otherwise satisfied.

A contractor's affidavit provides reassurance to the project owner that all contractors and vendors on the project have been paid for the work they provided.

Contesting A Lien An owner has a right to file a Notice of Contest of Lien during the one-year period. Upon the filing of a Notice of Contest of Lien, a lienor must file a lawsuit to enforce the lien within 60 days. Failure of the lienor to timely file a lawsuit renders the lien invalid.

Contractors, laborers, materials suppliers, subcontractors and professionals such as architects, landscape architects, interior designers, engineers or land surveyors all have the right to file a claim of lien for work or materials.

G707?1994, Consent of Surety to Final Payment ? intended for use as a companion to AIA Document G706??1994, Contractor's Affidavit of Payment of Debts and Claims, on construction projects where the contractor is required to furnish a bond.

Florida does not require that you have a written contract to file a mechanics lien, so contracts can be oral, written, express or implied. However, the following parties do not have any rights to file a Florida mechanics lien: Sub-sub-subcontractors (those hired by sub-subs) Suppliers to suppliers.

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King Washington Owner's and Contractor Affidavit of Completion and Payment to Subcontractors