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EXHIBIT B AFFIDAVIT, LIEN WAIVER AND RELEASE (Subcontractor / Supplier) 1. UNCONDITIONAL RELEASE through date certain With reference to construction of the improvements or building known General Office,
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How to fill out affidavit lien waiver and
How to fill out affidavit lien waiver:
01
Start by obtaining the necessary form. You can usually find a template online or through your local government agency responsible for handling liens.
02
Read through the form carefully to ensure you understand all the requirements and sections. Pay attention to any specific instructions or guidelines provided.
03
Fill in your personal information, such as your name, contact details, and address. Make sure to provide accurate and up-to-date information.
04
Specify the property or project for which the lien waiver is being issued. Include details such as the address, project name, and any relevant identification numbers or references.
05
Indicate the nature of the work or services provided. Describe the scope of your involvement and the specific tasks or responsibilities you had.
06
Include any relevant dates, such as the start and completion dates of the project, or the dates when you provided your services.
07
Declare the total amount payable to you for your work or services rendered. Ensure that this amount accurately reflects any outstanding payments or fees.
08
Sign and date the affidavit lien waiver form. Some forms may require additional witness signatures or notarization. Follow the instructions provided to properly authenticate the document.
09
Make copies of the completed form for your records and for anyone who may require a copy, such as the property owner or project manager.
Who needs affidavit lien waiver:
01
Contractors: If you are a contractor who has performed work or provided services on a property, you may need an affidavit lien waiver to waive or release any potential lien rights you may have on the property. This can be important for getting paid in a timely manner and avoiding legal disputes.
02
Subcontractors: Similar to contractors, subcontractors who have worked on a project may also require an affidavit lien waiver to protect their rights and ensure proper payment.
03
Material suppliers: Suppliers who have provided materials for a construction project may need to complete an affidavit lien waiver to release any potential liens on the property and secure payment for their supplies.
04
Property owners: Property owners may request that contractors, subcontractors, or suppliers sign an affidavit lien waiver as a condition for payment. This helps protect the property owner from potential liens and ensures that everyone involved in the project has been properly compensated.
05
Construction lenders: Lenders who have provided financing for a construction project may also require affidavit lien waivers from contractors, subcontractors, and suppliers to protect their investment and ensure a clear title for the property.
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What is affidavit lien waiver?
Affidavit lien waiver is a legal document that releases a party's lien rights on a property.
Who is required to file affidavit lien waiver?
Contractors, subcontractors, and suppliers are required to file affidavit lien waivers.
How to fill out affidavit lien waiver?
To fill out an affidavit lien waiver, you must include details about the project, the parties involved, and the amount owed.
What is the purpose of affidavit lien waiver?
The purpose of an affidavit lien waiver is to release a property owner from any potential liens related to the construction project.
What information must be reported on affidavit lien waiver?
Information such as the property address, the project details, the parties involved, and the amount owed must be reported on the affidavit lien waiver.
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