The Michigan Contractor's Final Affidavit of Payment to Subcontractors is a legal document that is used by contractors in the state of Michigan to certify that all subcontractors and suppliers involved in a construction project have been paid in full. This affidavit serves as proof that the contractor has fulfilled their financial obligations and ensures that there are no outstanding payment disputes or potential liens on the property. The affidavit typically includes important details about the project, such as the contractor's name, address, and contact information, as well as the property owner's name and address. It also lists all the subcontractors and suppliers involved in the project, along with their contact information and the amount they were owed. The contractor must provide a statement under oath certifying that all subcontractors and suppliers have been paid in full up to the date of the affidavit. This statement is crucial in protecting the contractor from any potential legal issues resulting from unpaid invoices or disputes over withheld payments. By signing the affidavit, the contractor is essentially confirming that they have met their payment obligations and that there are no outstanding liabilities on the project. It is important to note that there may be variations of the Michigan Contractor's Final Affidavit of Payment to Subcontractors depending on the specific requirements of the construction project or the parties involved. These variations could include additional details or clauses to address unique circumstances or legal considerations. Some potential variations or related documents that may be referred to in the industry include: 1. Michigan Final Affidavit of Compliance: This document may be used in addition to or in conjunction with the Contractor's Final Affidavit of Payment to Subcontractors to certify that all work has been completed in accordance with the contract specifications and that all relevant permits and inspections have been obtained. 2. Conditional Final Waiver and Release of Lien: This document may be requested by the contractor from subcontractors and suppliers to confirm that they have been paid in full and release their rights to file any future claims or liens against the property. 3. Partial Affidavit of Payment to Subcontractors: This document is similar to the Contractor's Final Affidavit but is used during the progress of the project to certify partial payments made to subcontractors and suppliers. 4. Affidavit of Nonpayment: This document may be used by subcontractors or suppliers to assert that they have not been paid in full by the contractor and could potentially lead to a legal claim or lien against the property. It is advisable for contractors and subcontractors involved in construction projects in Michigan to consult with legal professionals or industry experts to ensure compliance with the specific requirements and documentation needed for each project.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.