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Lien Waivers, Construction Lien Act
I asked my attorney for some Lien waivers, and I got more than I understand. I was hoping to pull from the vast knowledge of BP to help explain.
I received the following:
Notice of Commencement
Notice of furnishing
Sworn Statement
Partial Conditional Waiver
Partial Unconditional Waiver
Full Conditional Waiver
Full Unconditional Waiver
Claim of Lien
I think I understand the Partial/Full Conditional/Unconditional Waiver, but I am a bit confused on the rest. If someone could explain these in laymen's terms, It would be a great help.
Thank you
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Originally posted by @Reed Starkey:
I asked my attorney for some Lien waivers, and I got more than I understand. I was hoping to pull from the vast knowledge of BP to help explain.
I received the following:
Notice of Commencement [ date work began]
Notice of furnishing [ materials/suppliers]
Sworn Statement [facts attesting to your work to file a claim]
Partial Conditional Waiver
Partial Unconditional Waiver
Full Conditional Waiver
Full Unconditional Waiver
Claim of Lien [amount and accounting of the money owed]
I think I understand the Partial/Full Conditional/Unconditional Waiver, but I am a bit confused on the rest. If someone could explain these in laymen's terms, It would be a great help.
Thank you
[my guess as to what he sent since I can't read them]
You also need in there date work stopped or dates unpaid and dates of demand depending on your state laws. You have a window, generally 90 days to file from non=payment or work stop date. Good luck :)