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Subcontractor Lien Waiver texas Form: What You Should Know

Right of Set Off against the Contractor. This form, filed for the purpose of completing the project, establishes the right of set off against the subcontractor; this means that, subject to the  Limits and Waiver provisions, the owner or the Project Manager may require a subcontractor to complete the construction project on  Budget and Pay the Project Manager or Owner. The lien shall remain valid in  Texas for ten (10) years from the date of filing. For the purposes of the Ten Year Rule, all  materials and labor for the construction project shall be deemed to be the labor and materials received on  Project, as the subcontractor is entitled to use such materials unless the Contractor has waived the right to  Use Materials or use of labor.  Form 11.

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