Lien Waiver Form 2024

Lien Waiver Form: What You Should Know

The contract(s) for a construction project will normally be referred to collectively by the “collecting employer” furnishing the contract and all subcontractors and suppliers who perform material or services under the contract(s). Please be advised that, under certain circumstances, a collection employer may be liable for the payment of the  collecting employer and the subcontractor or supplier. In these cases, the subcontractor or supplier is likely to be liable for payment of the lien. Filed by the contractor or subcontractor. In this case, a contractor or subcontractor may choose to enter into a lien waiver or release instead of filing the original lien.  It is important to note that, according to Federal Law, if a lien has been satisfied, and the lien has been released, the contractor or subcontractor can no longer be held liable for any amount due the claimant. However, if the original lien is satisfied, the collection employer does  not have to satisfy or discharge the claims of the claimant and the claimant can now pursue the collection of the unpaid debt. Please be advised that under certain circumstances, a collection employer may be liable for the payment of the owner(s) and the subcontractor or supplier for the amounts, costs and expenses incurred for the contract(s). In these cases, the subcontractor or supplier is likely to be liable for payment of the lien filed by the contractor or subcontractor. To file a lien contract in your state or territory, please consult each state's laws regarding liens. Disclaimer/Terms of Use The Free Lien Waiver and Release is for personal use only. The Free Lien Waiver and Release is provided for convenience only and is not intended to replace the advice of an attorney. The Free Lien Waiver and Release is not to be used or relied upon by the user or the user's agent as general or legal advice. The Free Lien Waiver and Release are not to be used or relied upon for the sole purpose of avoiding or avoiding paying the debt without first obtaining legal advice for this purpose.

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