The Lansing Michigan Partial Unconditional Waiver of Lien — Individual is a legal document commonly used in construction projects to waive the right to place a lien on a property for work or materials provided. By signing this waiver, an individual contractor or subcontractor surrenders their right to file a lien claim on a specific amount of money owed to them for their services, up to a certain point in the project. The purpose of using a partial unconditional waiver of lien is to ensure that all parties involved in the construction project are on the same page regarding payment and protect the property owner from potential liens. By signing this waiver, the contractor acknowledges that they have received payment for a portion of their work, and they cannot pursue a lien claim for that specific amount. Keywords: Lansing Michigan, partial unconditional waiver of lien, individual contractor, subcontractor, property owner, construction project, payment, lien claim. Different types of Lansing Michigan Partial Unconditional Waiver of Lien — Individual may include: 1. Partial Unconditional Waiver of Lien — Individual for Specific Sum: This type of waiver is used when the contractor or subcontractor has received a specific sum of money and releases their right to file a lien claim for that amount. 2. Partial Unconditional Waiver of Lien — Individual for Progress Payment: This waiver is used when the contractor or subcontractor has received a progress payment for the work completed on the project and waives their right to file a lien claim for that specific portion of the payment. 3. Partial Unconditional Waiver of Lien — Individual for Final Payment: This type of waiver is used when the contractor or subcontractor has received their final payment for the project and releases their right to file a lien claim on that specific amount. It is important for all parties involved in a construction project in Lansing, Michigan, to understand the implications and legalities of signing a partial unconditional waiver of lien. Seeking legal advice and ensuring the waiver is properly executed can help protect the rights and interests of all parties involved.
Lansing Michigan Partial Unconditional Waiver of Lien - Individual
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