This affidavit form is used to partially waive or release a lien, right to claim of lien or claim on any bond for labor, material, or services provided in consideration of payment made by the party receiving the services.
Generally, once these documents are signed, they’re set in stone. If changes are needed, it usually takes a new document to modify the original understanding. It’s like trying to rewrite history; it’s better to get it right the first time!
Not providing these documents can lead to headaches down the road, like unwanted claims or payment disputes. It's like leaving the door wide open for trouble—best to keep things locked up by getting the right paperwork in order.
Usually, the subcontractor who did the work will sign the Subcontractor Affidavit. They are the ones confirming they’ve completed their work and have been compensated, so it's on them to get it right!