A Collin Texas Waiver of Lien Claim by Subcontractor is a legal document used in the construction industry to waive the right of a subcontractor to place a lien on a property for non-payment. This type of waiver is specific to subcontractors who have worked on a project in Collin County, Texas. Keywords: Collin Texas, waiver of lien claim, subcontractor, construction industry, legal document, property, non-payment. There are generally four types of Collin Texas Waiver of Lien Claim by Subcontractor: 1. Conditional Waiver: This type of waiver is issued by a subcontractor when they have received a partial payment from the general contractor or property owner. It acknowledges the receipt of payment and waives the right to place a lien on the property for the amount received. 2. Unconditional Waiver: An unconditional waiver is provided when the subcontractor has received full payment for their work on a project. By signing this waiver, the subcontractor releases all rights to file a lien against the property for any reason. 3. Conditional Waiver on Progress Payment: This type of waiver is used when a subcontractor is required to provide periodic progress reports and receive partial payments based on the percentage of completion. It serves as a conditional release for the specified progress payment received. 4. Unconditional Waiver on Final Payment: The unconditional waiver on final payment is executed when the subcontractor has received the remaining payment owed for the project, indicating that their work has been completed and all dues have been settled. It releases any lien rights related to the final payment. When using any of these waivers, it is important for subcontractors to carefully review and understand the terms and conditions mentioned in the document before signing it. Legal advice from an attorney specializing in construction law is recommended to ensure full compliance with the laws and regulations in Collin County, Texas.
Collin Texas Waiver of Lien Claim by Subcontractor
Description
How to fill out Collin Texas Waiver Of Lien Claim By Subcontractor?
Do you need to quickly create a legally-binding Collin Waiver of Lien Claim by Subcontractor or probably any other form to take control of your own or business affairs? You can go with two options: hire a professional to write a valid document for you or create it entirely on your own. Thankfully, there's an alternative solution - US Legal Forms. It will help you get professionally written legal paperwork without paying sky-high fees for legal services.
US Legal Forms provides a huge collection of more than 85,000 state-specific form templates, including Collin Waiver of Lien Claim by Subcontractor and form packages. We provide templates for an array of use cases: from divorce paperwork to real estate documents. We've been on the market for more than 25 years and gained a spotless reputation among our clients. Here's how you can become one of them and obtain the needed document without extra hassles.
- To start with, carefully verify if the Collin Waiver of Lien Claim by Subcontractor is tailored to your state's or county's regulations.
- If the document includes a desciption, make sure to verify what it's suitable for.
- Start the search again if the document isn’t what you were hoping to find by utilizing the search box in the header.
- Choose the plan that best fits your needs and move forward to the payment.
- Select the file format you would like to get your document in and download it.
- Print it out, fill it out, and sign on the dotted line.
If you've already set up an account, you can simply log in to it, locate the Collin Waiver of Lien Claim by Subcontractor template, and download it. To re-download the form, simply head to the My Forms tab.
It's effortless to find and download legal forms if you use our services. Moreover, the documents we offer are reviewed by law professionals, which gives you greater peace of mind when dealing with legal affairs. Try US Legal Forms now and see for yourself!
