The Oregon Interim Lien — Claim Waiver is a legal document that is used to waive lien rights on personal property. It is commonly used in Oregon when a borrower or lien holder wants to transfer ownership of the property without having to resolve any outstanding liens or claims. The waiver prevents any lien holder from having a lien on the property. There are two types of Oregon Interim Lien — Claim Waiver: a unilateral waiver and an enhanced waiver. The unilateral waiver applies when only one party agrees to waive their lien rights, while the enhanced waiver applies when both parties agree to waive their lien rights. Both waivers must be signed by the borrower, lien holder, and any other party with a financial interest in the property.
Oregon Interim Lien - Claim Waiver
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Description
This form is a Waiver and Release of a Lien by a Contractor. A contractor waives and releases its lien and right to claim a lien for labor, services, or materials on a construction project described in the document. The form must be signed in the presence of a notary public. The contractor has the option of making this release conditional or unconditional based upon receipt of funds.
The Oregon Interim Lien — Claim Waiver is a legal document that is used to waive lien rights on personal property. It is commonly used in Oregon when a borrower or lien holder wants to transfer ownership of the property without having to resolve any outstanding liens or claims. The waiver prevents any lien holder from having a lien on the property. There are two types of Oregon Interim Lien — Claim Waiver: a unilateral waiver and an enhanced waiver. The unilateral waiver applies when only one party agrees to waive their lien rights, while the enhanced waiver applies when both parties agree to waive their lien rights. Both waivers must be signed by the borrower, lien holder, and any other party with a financial interest in the property.
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