Oakland Michigan Partial Conditional Waiver of Lien - Individual

State:
Michigan
County:
Oakland
Control #:
MI-09-09
Format:
Word; 
Rich Text
Instant download

Description

This form is supplied by a contractor, subcontractor, or supplier, whenever payment is made. It serves as a receipt for payment and serves as notice to the property owner that construction lien rights are being waived. This conditional waiver allows the contractor, subcontractor, or supplier to waive part of their lien based on payments already made but reserves the right to peruse a lien for future payments that have not yet been made.

Oakland Michigan Partial Conditional Waiver of Lien — Individual is a legal document used in the state of Michigan to protect the rights of parties involved in a construction project. This waiver serves as a waiver of the lien rights, which ensures that a contractor, subcontractor, or suppliers receive payment for the work or materials provided. The Oakland Michigan Partial Conditional Waiver of Lien — Individual is typically used when a contractor or a construction professional is owed partial payment for their services or materials. By signing this waiver, the individual acknowledges that they have received a partial payment and forfeits the right to file a lien for that specific amount. It is important to note that there may be different types of Oakland Michigan Partial Conditional Waiver of Lien — Individual depending on the circumstances. Some common types include: 1. Oakland Michigan Partial Conditional Waiver of Lien — Individual for General Contractors: This type of waiver is used by general contractors when they have completed a portion of the project and received a partial payment. 2. Oakland Michigan Partial Conditional Waiver of Lien — Individual for Subcontractors: Subcontractors may use this waiver when they have provided their services or materials for a specific portion of the project and received a partial payment. 3. Oakland Michigan Partial Conditional Waiver of Lien — Individual for Material Suppliers: Material suppliers can utilize this waiver when they have supplied materials for a certain phase of the construction project and received a partial payment. These waivers are essential for protecting the rights of individuals involved in the construction industry by ensuring that they are compensated for the work or materials provided. However, it is crucial to consult with a legal professional familiar with Michigan construction laws to ensure the proper usage and execution of these waivers.

Oakland Michigan Partial Conditional Waiver of Lien — Individual is a legal document used in the state of Michigan to protect the rights of parties involved in a construction project. This waiver serves as a waiver of the lien rights, which ensures that a contractor, subcontractor, or suppliers receive payment for the work or materials provided. The Oakland Michigan Partial Conditional Waiver of Lien — Individual is typically used when a contractor or a construction professional is owed partial payment for their services or materials. By signing this waiver, the individual acknowledges that they have received a partial payment and forfeits the right to file a lien for that specific amount. It is important to note that there may be different types of Oakland Michigan Partial Conditional Waiver of Lien — Individual depending on the circumstances. Some common types include: 1. Oakland Michigan Partial Conditional Waiver of Lien — Individual for General Contractors: This type of waiver is used by general contractors when they have completed a portion of the project and received a partial payment. 2. Oakland Michigan Partial Conditional Waiver of Lien — Individual for Subcontractors: Subcontractors may use this waiver when they have provided their services or materials for a specific portion of the project and received a partial payment. 3. Oakland Michigan Partial Conditional Waiver of Lien — Individual for Material Suppliers: Material suppliers can utilize this waiver when they have supplied materials for a certain phase of the construction project and received a partial payment. These waivers are essential for protecting the rights of individuals involved in the construction industry by ensuring that they are compensated for the work or materials provided. However, it is crucial to consult with a legal professional familiar with Michigan construction laws to ensure the proper usage and execution of these waivers.

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Oakland Michigan Partial Conditional Waiver of Lien - Individual