Elgin Illinois Subcontractor's Verified Statement - Mechanic Liens - Corporation or LLC

• Category: Illinois Liens - Construction - Mechanics
• State: Illinois
• City: Elgin
• Control #: IL-06A-09
• Format: Word; Rich Text

Description

Pursuant to 770 ILCS 60/22, this form may be used as a response to the written request of an owner or contractor or either's agent with a statement of the persons furnishing material and labor, giving their names and how much, if anything, is due or to become due to each of them. Elgin Illinois Subcontractor's Verified Statement — Mechanic Lien— - Corporation or LLC The Elgin Illinois Subcontractor's Verified Statement, specifically tailored for corporations or limited liability companies (LCS), is a crucial legal document that plays a pivotal role in protecting subcontractors' rights in the construction industry. This statement serves as a mechanism for establishing and enforcing mechanic's liens for projects in Elgin, Illinois. When a subcontractor or supplier performs work or provides materials to a contractor, it is essential to secure their payment rights by filing a verified statement along with the required documentation. This process becomes vital when pursuing payment and asserting the right to a mechanic's lien in case of non-payment or disputes. The Elgin Illinois Subcontractor's Verified Statement — Mechanic Lien— - Corporation or LLC collects pertinent information specific to corporations or LCS involved in construction projects. This document typically includes the following key details: 1. Company Information: The verified statement outlines the corporation or LLC's name, address, and contact details, ensuring clear identification of the entity associated with the subcontractor's work or materials. 2. Project Details: This document requires information about the construction project, such as the property address, legal description, and the name of the property owner. These details help establish a direct link between the subcontractor's work and the property in question. 3. General Contractor Information: The statement mandates the inclusion of the general contractor's details, including their name, address, and contact information. Including this information helps identify the party responsible for payment obligations and potential disputes. 4. Certification of Amounts Due: An essential component of the Elgin Illinois Subcontractor's Verified Statement is the verification of amounts outstanding or due to the subcontractor. This section provides a mechanism for the subcontractor to assert their right to a mechanic's lien based on unpaid sums for labor, materials, or services provided. 5. Supporting Documentation: In addition to the verified statement itself, the subcontractor must provide supplementary documentation to support their claim. This could include copies of invoices, lien waivers, contracts, delivery receipts, or any other relevant paperwork that substantiates the subcontractor's relationship, work performed, or materials supplied. It is worth noting that different variations of the Elgin Illinois Subcontractor's Verified Statement — Mechanic Lien— - Corporation or LLC may exist based on specific project requirements or legal preferences. However, the basic structure and purpose of the document remain consistent across all versions. By meticulously completing and filing an Elgin Illinois Subcontractor's Verified Statement — Mechanic Lien— - Corporation or LLC, subcontractors can secure their payment rights and protect themselves from potential non-payment or disputes, helping to ensure fair compensation for the services rendered or materials supplied.

Elgin Illinois Subcontractor's Verified Statement — Mechanic Lien— - Corporation or LLC The Elgin Illinois Subcontractor's Verified Statement, specifically tailored for corporations or limited liability companies (LCS), is a crucial legal document that plays a pivotal role in protecting subcontractors' rights in the construction industry. This statement serves as a mechanism for establishing and enforcing mechanic's liens for projects in Elgin, Illinois. When a subcontractor or supplier performs work or provides materials to a contractor, it is essential to secure their payment rights by filing a verified statement along with the required documentation. This process becomes vital when pursuing payment and asserting the right to a mechanic's lien in case of non-payment or disputes. The Elgin Illinois Subcontractor's Verified Statement — Mechanic Lien— - Corporation or LLC collects pertinent information specific to corporations or LCS involved in construction projects. This document typically includes the following key details: 1. Company Information: The verified statement outlines the corporation or LLC's name, address, and contact details, ensuring clear identification of the entity associated with the subcontractor's work or materials. 2. Project Details: This document requires information about the construction project, such as the property address, legal description, and the name of the property owner. These details help establish a direct link between the subcontractor's work and the property in question. 3. General Contractor Information: The statement mandates the inclusion of the general contractor's details, including their name, address, and contact information. Including this information helps identify the party responsible for payment obligations and potential disputes. 4. Certification of Amounts Due: An essential component of the Elgin Illinois Subcontractor's Verified Statement is the verification of amounts outstanding or due to the subcontractor. This section provides a mechanism for the subcontractor to assert their right to a mechanic's lien based on unpaid sums for labor, materials, or services provided. 5. Supporting Documentation: In addition to the verified statement itself, the subcontractor must provide supplementary documentation to support their claim. This could include copies of invoices, lien waivers, contracts, delivery receipts, or any other relevant paperwork that substantiates the subcontractor's relationship, work performed, or materials supplied. It is worth noting that different variations of the Elgin Illinois Subcontractor's Verified Statement — Mechanic Lien— - Corporation or LLC may exist based on specific project requirements or legal preferences. However, the basic structure and purpose of the document remain consistent across all versions. By meticulously completing and filing an Elgin Illinois Subcontractor's Verified Statement — Mechanic Lien— - Corporation or LLC, subcontractors can secure their payment rights and protect themselves from potential non-payment or disputes, helping to ensure fair compensation for the services rendered or materials supplied.

Law summary