A lien waiver requires a property owner’s name, the owner’s signature, the current date, and a description of the property being constructed or service being rendered. The lien also requires the construction company’s name, current date, and the signature and title of the contractor or subcontractor doing the work. Describe adequately in the document any service or work supplied by an individual or contractor.Know More
According to Rocket Lawyer, a contractor has a right to put a lien on a property when a person does not pay for work the contractor has done. A lien waiver states that a contractor has been paid in full and releases any lien or claim that he has against the property worked on.
There are four types of lien waivers: conditional waivers on progress payment, unconditional waivers on progress payment, conditional waivers on final payment, and unconditional final waivers for final payment. Lien waivers on progress payments state that as long as a contractor has been paid to date, then he releases any right to a lien on the property. A lien waiver on final payment states that a contractor releases a right to a lien on the property only upon receipt of full and final payment.Learn more in Credit & Lending
An auto lien release letter verifies that a vehicle does not have a lien holder or no longer has a lien holder. It is actually a clearance letter. When a financial institution lends money for the purchase of a vehicle, that institution becomes the first lien holder.Full Answer >
The Texas Department of Motor Vehicles notes that to put a lien on a car, an individual needs to go to his local county tax office with the vehicle title and an application for a title in his specific state. There is also a fee. However, the steps to put a lien on a car could vary depending on the state.Full Answer >
In order to apply for a Pell Grant online, you must fill out a FAFSA with all the necessary tax information for yourself, your parents, and/or any guardians. You should have all your tax and personal identification information on hand when starting to complete the form.Full Answer >
A workers compensation waiver, also known as a workers compensation exemption, is a form that independent contractors use to file for an exemption from workers compensation insurance in those states that allow it, according to About.com. These waivers are common in the construction industry.Full Answer >