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MI Sworn Statement free printable template

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497 of the Public Acts of 1980 as amended being section 570. 1109 of the Michigan Compiled Laws. WARNING TO DEPONENT A PERSON WHO WITH INTENT TO DEFRAUD GIVES A FALSE SWORN STATEMENT IS SUBJECT TO CRIMINAL PENAL TIES AS PROVIDED IN SECTION 110 OF THE CONSTRUCTIN LIEN ACT. ACT NO. 497 OF THE PUBLIC ACTS OF 1980 AS AMENDED BEING SECTION 570. 1110 OF THE MICHIGAN COMPILED LAWS. Deponent Subscribed and sworn to before me this day of 20 WARNING TO OWNER AN OWNER OR LESSEE OF THE ABOVE DESCRIBED...PROPERTY MAY NOT RELY ON THIS SWORN STATEMENT TO AVOID THE CLAIM OF A SUB-CONTRACTOR SUPPLIER OR LABORER WHO HAS PROVIDED A NOTICE OR FURNISHING OR A LABORER WHO MAY PROVIDE A NOTICE OF FURNISHING PURSUANT TO SECTION 109 OF THE CONSTRUCTION LIEN ACT TO THE DESIGNEE OR TO THE OWNER OR LESSEE IF THE DESIGNEE IS NOT NAMED OR HAS DIED Notary Public My commission expires Page 4 of 4. SWORN STATEMENT State of County of is the contractor/subcontractor for an County Michigan described as follows being...duly sworn deposes and says that improvement to the following described real property situated in Project Name Address That the following is a statement of each subcontractor and supplier and laborer for which the payment of wages or fringe benefits and withholdings is due but unpaid with whom the contractor/subcontractor has contracted/subcontracted for performance under the contract with the owner or lessees thereof and that the amounts due to the persons as of the date hereof are correctly...and fully set forth opposite their names as follows No. Subcontractor Supplier or Laborer Type of Improvement Furnished Total Contract Price Adjusted Amount Already Paid Currently Owing Balance to Complete That the contractor has not procured material from or subcontracted with any person other than set forth and owes no money for the improvement other than the sums set forth above. Deponent further says that he or she makes the foregoing statement as the contractor subcontractor or as the above...described premises and his or her agents that the above described property is free from claims of construction liens or the possibility of construction liens except as specifically set forth above and except for claims of construction liens by laborers which may be provided pursuant to section 109 of the construction lien act Act NO.
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Detailed Guide for Filling Out the Sworn Statement Printable Form

How does a sworn statement work in construction contracts?

A sworn statement in the context of construction contracts is a legal document that verifies the information related to payments, subcontractors, and obligations involved in a construction project. In Michigan, providing a sworn statement is critical for contractors, as it showcases accountability and transparency in transactions. It's essential to report subcontractors and suppliers accurately to avoid potential legal repercussions.

What are the key components of the sworn statement?

Understanding the key components of the Mi sworn statement is crucial to ensuring the document meets legal standards. This form includes several vital details such as the state and county declarations, contractor identification, project information, and financial disclosures.

  1. Specifying the exact jurisdiction for proper legal grounding.
  2. Essential personal and business details to establish credibility.
  3. Address and description of the property to ensure clarity on the work performed.
  4. A comprehensive breakdown of the total contract price, amounts paid, and outstanding balances.

What are the steps to fill out the sworn statement?

Filling out the Mi sworn statement accurately is essential for compliance. Begin by identifying the project location and your status as either a contractor or subcontractor. Follow these steps for a successful completion of the form.

  1. Begin with the state and county where the project is located.
  2. Identify your status—contractor or subcontractor.
  3. Provide the name and address of the project.
  4. List all subcontractors and suppliers, including their payment details.
  5. Include a disclaimer regarding any prior claims of construction liens.

What common mistakes should you avoid when completing the form?

Avoiding common mistakes when filling out the Mi sworn statement can prevent legal troubles and misunderstandings. Ensuring accuracy and completeness is paramount.

  1. Inaccuracies can lead to civil penalties or complications in contract execution.
  2. This omission can result in payment disputes and affect project financing.
  3. Clarity in understanding can ensure compliance with legal obligations.

What are the legal consequences of providing false information?

Falsifying information on the Mi sworn statement can lead to severe legal consequences. Under Michigan law, providing fraudulent declarations can result in criminal penalties and affect licensing.

  1. Contractors may face fines or imprisonment for intentional fraud.
  2. Non-compliance can lead to loss of lien rights on the property.
  3. Previous incidences where contractors faced repercussions highlight the importance of truthfulness in sworn statements.

How can pdfFiller help you manage your sworn statement?

Utilizing pdfFiller streamlines the process of editing and managing your sworn statement. This intuitive platform allows users to access templates, edit forms, and collaborate effectively.

  1. Retrieve the Mi sworn statement template directly via pdfFiller.
  2. Easily fill out your details, sign, and save your document securely.
  3. Teams can work together on the document, ensuring accuracy and compliance.

What related forms and templates can you explore on pdfFiller?

Exploring related forms on pdfFiller provides additional resources crucial for contractors managing construction projects. Understanding various documentation can enhance overall compliance.

  1. Essential for establishing agreements with clients.
  2. Necessary for confirming payments made to subcontractors.
  3. Finding adaptable forms for different project needs can aid in efficiency.

Frequently Asked Questions about sworn statement construction form

What types of projects require a sworn statement in Michigan?

Nearly all construction projects in Michigan involving subcontractors or suppliers necessitate a sworn statement. This requirement safeguards payment practices and protects project owners from potential liens.

How does a sworn statement protect contractors and property owners?

The sworn statement acts as a legally binding document that ensures financial transparency. It helps protect both contractors and property owners from disputes regarding payments and service delivery.

What are the consequences of not filing a sworn statement?

Failing to file a sworn statement may result in payment issues for contractors and jeopardize their liens. Property owners can face challenges securing their rights if payments are contested.

Can sworn statements be edited after submission?

Once submitted, sworn statements are typically considered final. However, using pdfFiller allows contractors to manage and update the document before finalizing it for submission.

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People Also Ask about sworn statement form

Under Michigan law, a contractor must provide a sworn statement to the owner or lessee in each of the following circumstances: (a) when payment is due to the contractor from the owner or lessee or when the contractor requests payment from the owner or lessee, or (b) when a demand for the sworn statement has been made
A sworn statement is a construction document that lists the contractors and suppliers that provide material or labor to a construction project. It includes information about who is owed money, how much they are owed, and the remaining balance on their contract.
Per Florida Statutes 713.16, the sworn statement of account is a written statement that documents the nature of the labor or services performed or to be performed, materials supplied or to be supplied, current amount paid on the account, amount due and amount to become due as stated by the lienor.
I declare that, to the best of my knowledge and belief, the information herein is true and complete. I understand this statement is made for use as evidence in court and is subject to penalty for perjury.
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