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- Lien_waiver abstract "In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials man, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner). There are typically four types of lien waivers:Conditional waiver on progress payment - The safest waiver for claimants, this waiver generally specifies that if they have indeed been paid to date (and that includes no return or stopped payment checks) the waiver is an effective proof against any lien claim on the property.Unconditional waiver on progress payment - This waiver releases all claimant rights through a specific date unconditionally (and that includes no return or stopped payment checks).Conditional waiver on final payment - This waiver releases all claimant rights to file a mechanics lien if they have indeed been paid to date (and that includes no return or stopped payment checks).Unconditional final waiver final payment - The safest waiver for owners, this waiver generally releases all rights of the claimant to place a mechanics lien on the owners property unconditionally. It is immaterial if the payment check has been returned or stopped payment. Claimants should issue this type of release only when they are positive their work is done and the payment has cleared their bank. Owners should demand this release when they are paid in full. Some states allow an Unconditional Release upon final payment that is used to induce the final payment. It is an inherent vagary in the lien release law.In the United States, some states only use a conditional waiver on progress payment and an unconditional waiver on final payment.The mechanics lien process can be of great value to claimants in enforcing their claims, if done according to the laws of the various states, or the federal government. These parties are entitled to be paid for their material or labor contributions to the improvement of real property. Most forms for the process can be obtained from local office supply stores, and a few computer programs exist to handle the process on a nationwide basis.".
- Lien_waiver wikiPageExternalLink www.lienwaiver.net.
- Lien_waiver wikiPageExternalLink lien-waivers-for-subcontractors.
- Lien_waiver wikiPageExternalLink www.releaseofliability.com.
- Lien_waiver wikiPageID "5110276".
- Lien_waiver wikiPageLength "2664".
- Lien_waiver wikiPageOutDegree "12".
- Lien_waiver wikiPageRevisionID "634503513".
- Lien_waiver wikiPageWikiLink Category:Property_law.
- Lien_waiver wikiPageWikiLink Computer_program.
- Lien_waiver wikiPageWikiLink Construction.
- Lien_waiver wikiPageWikiLink Federal_government.
- Lien_waiver wikiPageWikiLink Federation.
- Lien_waiver wikiPageWikiLink General_contractor.
- Lien_waiver wikiPageWikiLink Lien.
- Lien_waiver wikiPageWikiLink Mechanics_lien.
- Lien_waiver wikiPageWikiLink Payment.
- Lien_waiver wikiPageWikiLink Subcontractor.
- Lien_waiver wikiPageWikiLink U.S._state.
- Lien_waiver wikiPageWikiLink U.S._states.
- Lien_waiver wikiPageWikiLink United_States.
- Lien_waiver wikiPageWikiLink Waiver.
- Lien_waiver wikiPageWikiLinkText "Lien waiver".
- Lien_waiver hasPhotoCollection Lien_waiver.
- Lien_waiver wikiPageUsesTemplate Template:Multiple_issues.
- Lien_waiver subject Category:Property_law.
- Lien_waiver hypernym Document.
- Lien_waiver type Article.
- Lien_waiver type Book.
- Lien_waiver type Article.
- Lien_waiver comment "In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials man, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner).".
- Lien_waiver label "Lien waiver".
- Lien_waiver sameAs m.0d32v6.
- Lien_waiver sameAs Q6544181.
- Lien_waiver sameAs Q6544181.
- Lien_waiver wasDerivedFrom Lien_waiver?oldid=634503513.
- Lien_waiver isPrimaryTopicOf Lien_waiver.