Miami-Dade Florida Waiver And Release Of Lien Upon Final Payment Form - Construction - Mechanic Liens - Individual

• Category: Florida Liens - Construction - Mechanics
• State: Florida
• County: Miami-Dade
• Control #: FL-03205
• Format: Word; Rich Text

Description

This Waiver And Release of Lien Upon Final Payment form is for use by an individual lienor to waive and release his or her lien and right to claim a lien for labor, services or materials furnished through a specific date to a customer on the job of the owner of the property. One type of Miami-Dade Florida Waiver And Release Of Lien Upon Final Payment Form for individual contractors or subcontractors in the construction industry is the "Standard Form AIR G707-1994." This form is widely used in the industry and helps protect the rights of contractors and subcontractors by formally releasing their claims to a property's title upon receiving final payment. It embodies the principles of the Florida Mechanic's Lien Law. The Miami-Dade County clause specifically requires that this waiver and release of lien upon final payment form be executed by individual contractors and subcontractors who have performed work on a construction project and have received their complete payment. This formal document serves as evidence that the contractor or subcontractor has released all rights and claims to the property, ensuring that there will be no future lien filings against it. In addition to the standard form, there are variations of the Miami-Dade Florida Waiver And Release Of Lien Upon Final Payment Form, tailored to specific circumstances or parties involved. Some variations include: 1. Partial Waiver And Release Of Lien Upon Final Payment Form: This form is used when the contractor or subcontractor has been partially paid but wants to release only a portion of their lien rights upon receiving the partial payment. It is applicable in cases where there are ongoing payments throughout the project duration. 2. Conditional Waiver And Release Of Lien Upon Final Payment Form: This form is used when the contractor or subcontractor wants to release their lien rights only upon the condition of final payment being made. It ensures that the final payment is received before the release of the lien. 3. Unconditional Waiver And Release Of Lien Upon Final Payment Form: This form is used when the contractor or subcontractor wants to release their lien rights unconditionally and immediately upon receiving final payment, without any conditions or exceptions. All these variations serve the purpose of protecting the individual contractor or subcontractor by explicitly stating the rights being waived and released and providing clarity to all parties involved in the construction project. By utilizing the appropriate Miami-Dade Florida Waiver And Release Of Lien Upon Final Payment Form, contractors and subcontractors can confidently complete projects while safeguarding their financial interests.

One type of Miami-Dade Florida Waiver And Release Of Lien Upon Final Payment Form for individual contractors or subcontractors in the construction industry is the "Standard Form AIR G707-1994." This form is widely used in the industry and helps protect the rights of contractors and subcontractors by formally releasing their claims to a property's title upon receiving final payment. It embodies the principles of the Florida Mechanic's Lien Law. The Miami-Dade County clause specifically requires that this waiver and release of lien upon final payment form be executed by individual contractors and subcontractors who have performed work on a construction project and have received their complete payment. This formal document serves as evidence that the contractor or subcontractor has released all rights and claims to the property, ensuring that there will be no future lien filings against it. In addition to the standard form, there are variations of the Miami-Dade Florida Waiver And Release Of Lien Upon Final Payment Form, tailored to specific circumstances or parties involved. Some variations include: 1. Partial Waiver And Release Of Lien Upon Final Payment Form: This form is used when the contractor or subcontractor has been partially paid but wants to release only a portion of their lien rights upon receiving the partial payment. It is applicable in cases where there are ongoing payments throughout the project duration. 2. Conditional Waiver And Release Of Lien Upon Final Payment Form: This form is used when the contractor or subcontractor wants to release their lien rights only upon the condition of final payment being made. It ensures that the final payment is received before the release of the lien. 3. Unconditional Waiver And Release Of Lien Upon Final Payment Form: This form is used when the contractor or subcontractor wants to release their lien rights unconditionally and immediately upon receiving final payment, without any conditions or exceptions. All these variations serve the purpose of protecting the individual contractor or subcontractor by explicitly stating the rights being waived and released and providing clarity to all parties involved in the construction project. By utilizing the appropriate Miami-Dade Florida Waiver And Release Of Lien Upon Final Payment Form, contractors and subcontractors can confidently complete projects while safeguarding their financial interests.

Law summary