When the contractor requests final payment, a Final Contractor's Affidavit must be submitted to the lender. The Final Contractor's Affidavit lists all money due to potential lienors that have not been paid. The lender will typically require affidavits from each potential lienor assuring that they have been paid before releasing the final draw amount to the contractor.
Collin Texas Contractor's Affidavit to Induce Lender to Release Funds — Final Payment Description: The Collin Texas Contractor's Affidavit to Induce Lender to Release Funds — Final Payment is a legal document that aids contractors in obtaining their final payment from lenders after completing construction projects or performing services in Collin County, Texas. This affidavit serves as proof of completion, confirming that all work has been finished according to the agreed-upon terms and conditions. Keywords: Collin Texas Contractor's Affidavit, final payment, release of funds, construction projects, services, Collin County, legal document, proof of completion, terms and conditions. Different Types of Collin Texas Contractor's Affidavit to Induce Lender to Release Funds — Final Payment: 1. Commercial Construction Contractor's Affidavit: This type of contractor's affidavit is specifically designed for commercial construction projects carried out in Collin County, Texas. It ensures that the contractor receives the final payment from the lender once the project has been successfully completed. 2. Residential Construction Contractor's Affidavit: This variation of the contractor's affidavit is tailored for residential construction projects within Collin County, Texas. It aims to facilitate the release of funds to the contractor upon finishing all necessary work in accordance with the established requirements. 3. Remodeling Contractor's Affidavit: The remodeling contractor's affidavit is intended for contractors involved in remodeling or renovation projects in Collin County, Texas. It allows them to request the final payment from the lender once the remodeling work has been completed as per the original agreement. 4. Home Improvement Contractor's Affidavit: This type of contractor's affidavit caters to contractors engaged in home improvement projects in Collin County, Texas. It assists them in receiving the final payment from the lender upon fulfilling all aspects of the contracted home improvement work. Note: The specific terms and conditions, as well as the format, may differ across different contractor's affidavits based on the nature and scope of the construction project or services provided.Collin Texas Contractor's Affidavit to Induce Lender to Release Funds — Final Payment Description: The Collin Texas Contractor's Affidavit to Induce Lender to Release Funds — Final Payment is a legal document that aids contractors in obtaining their final payment from lenders after completing construction projects or performing services in Collin County, Texas. This affidavit serves as proof of completion, confirming that all work has been finished according to the agreed-upon terms and conditions. Keywords: Collin Texas Contractor's Affidavit, final payment, release of funds, construction projects, services, Collin County, legal document, proof of completion, terms and conditions. Different Types of Collin Texas Contractor's Affidavit to Induce Lender to Release Funds — Final Payment: 1. Commercial Construction Contractor's Affidavit: This type of contractor's affidavit is specifically designed for commercial construction projects carried out in Collin County, Texas. It ensures that the contractor receives the final payment from the lender once the project has been successfully completed. 2. Residential Construction Contractor's Affidavit: This variation of the contractor's affidavit is tailored for residential construction projects within Collin County, Texas. It aims to facilitate the release of funds to the contractor upon finishing all necessary work in accordance with the established requirements. 3. Remodeling Contractor's Affidavit: The remodeling contractor's affidavit is intended for contractors involved in remodeling or renovation projects in Collin County, Texas. It allows them to request the final payment from the lender once the remodeling work has been completed as per the original agreement. 4. Home Improvement Contractor's Affidavit: This type of contractor's affidavit caters to contractors engaged in home improvement projects in Collin County, Texas. It assists them in receiving the final payment from the lender upon fulfilling all aspects of the contracted home improvement work. Note: The specific terms and conditions, as well as the format, may differ across different contractor's affidavits based on the nature and scope of the construction project or services provided.
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.
