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FINAL WAIVER OF LIEN AND CONTRACTORS AFFIDAVITSTATE OF ILLINOIS COUNTY ONTO WHOM IT MAY CONCERNEscrow or File #Whereas the undersigned has been employed by to furnish for the premises known as of

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What is final waiver of lien?

Final waiver of lien is a legal document that relinquishes the claim to a lien on a property or asset once the final payment has been made.

Who is required to file final waiver of lien?

Contractors, subcontractors, and suppliers who have completed work on a project and have been paid in full are required to file a final waiver of lien.

How to fill out final waiver of lien?

To fill out a final waiver of lien, the individual must provide their name, the name of the property owner, description of the property, date of final payment, and signature.

What is the purpose of final waiver of lien?

The purpose of a final waiver of lien is to release any potential claims to a property or asset after the final payment has been made.

What information must be reported on final waiver of lien?

Information such as the names of parties involved, property description, date of final payment, and signatures must be reported on the final waiver of lien.