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This document serves as a release of a construction lien in Oregon, ensuring that a contractor or subcontractor relinquishes their claim to the lien upon receiving full or partial payment for work completed. It is crucial to file this form within 10 days following payment to protect both the contractor\'s and property owner\'s interests. The form clarifies the terms of lien release and the associated responsibilities under Oregon law.
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How to fill out lien waiver oregon form

How to fill out oregon construction lien release
01
Obtain the correct form for the Oregon construction lien release, which can be found online or through the Oregon Secretary of State's website.
02
Fill in the property owner's name and the address of the property where the work was performed.
03
Include the name of the contractor or subcontractor who is releasing the lien.
04
Specify the amount of the lien being released, if applicable.
05
Write a statement declaring that the work referenced in the lien has been completed and the amount has been paid in full.
06
Sign and date the form. Please ensure that the signature is notarized if required.
07
Provide a copy of the lien release to the property owner and retain a copy for your records.
08
File the signed release with the county clerk's office where the original lien was recorded.
Who needs oregon construction lien release?
01
Anyone who has filed a construction lien in Oregon and has been compensated for their work, including contractors, subcontractors, and suppliers, needs to complete a construction lien release.
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What is oregon construction lien release?
Oregon construction lien release is a legal document that confirms the release of a construction lien placed on a property, indicating that the debt for construction services has been paid or settled.
Who is required to file oregon construction lien release?
Typically, the party that filed the original lien, such as a contractor, subcontractor, or supplier, is required to file the Oregon construction lien release once the debt has been paid.
How to fill out oregon construction lien release?
To fill out an Oregon construction lien release, you need to provide details such as the name and address of the property owner, the name of the lien claimant, the legal description of the property, the date the lien was recorded, and a statement that the owed amount has been paid.
What is the purpose of oregon construction lien release?
The purpose of an Oregon construction lien release is to formally document that a lien on a property has been satisfied, ensuring that the property can be transferred or refinanced without the burden of the lien.
What information must be reported on oregon construction lien release?
The information that must be reported on an Oregon construction lien release includes the lien claimant's name, the property owner's name, the legal description of the property, the lien recording date, and a declaration of payment.
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