Cook Illinois Estoppel and Mechanics Lien Affidavit is a legal document used in the construction industry to protect the rights of contractors and suppliers who have provided materials or services for a construction project. This affidavit is specific to Cook County, Illinois, and is crucial in ensuring the proper execution of a mechanics lien claim. A mechanics lien is a legal claim against a property, filed by contractors, subcontractors, or suppliers who have not been fully paid for their work or materials on that property. Cook Illinois Estoppel and Mechanics Lien Affidavit serves as proof that the claimant has not yet been paid and provides an opportunity for them to enforce their lien rights. The Cook Illinois Estoppel and Mechanics Lien Affidavit usually contains the following information: 1. Project details: This includes the address of the property, the owner's name, and the general contractor's information. It also mentions the type of construction project, such as commercial, residential, or industrial. 2. Claimant details: The affidavit provides the name and contact information of the person or company making the affidavit (the claimant). It also includes their role in the project, such as contractor or supplier. 3. Amount due: The affidavit requires the claimant to state the total amount outstanding for their services or materials, including any interest or fees. 4. Scope of work: The claimant must detail the services or materials they provided for the project, including dates of work or delivery, and any change orders. 5. Verification and acknowledgement: The affidavit is signed and notarized by the claimant, declaring that the information provided is true and accurate to the best of their knowledge. It also includes a section where the claimant acknowledges that the lien rights may be waived if they willingly accept partial payment. Types of Cook Illinois Estoppel and Mechanics Lien Affidavit may vary based on their specific purpose or the stage of the construction project. Some additional types include: 1. Preliminary Lien Affidavit: This affidavit is typically filed in the early stages of a construction project, notifying the property owner and other interested parties of the potential lien claim. It provides an overview of the claimant's involvement and estimated amount due. 2. Verified Lien Affidavit: This affidavit is filed after completion of the work or delivery of materials but before the expiration of the statutory lien period. It verifies the claimant's right to file a mechanics lien and reserves their rights to enforce it if necessary. 3. Final Lien Affidavit: This affidavit is typically filed when the claimant has been fully paid for their services or materials, and no further lien rights are claimed. It releases the lien and removes any encumbrances on the property. It is important to consult with a qualified attorney or legal professional when preparing or filing Cook Illinois Estoppel and Mechanics Lien Affidavits to ensure compliance with all statutory requirements and to protect the claimant's rights in the construction 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.