Kings New York Waiver of Lien Agreement by Subcontractor

• Category: Oil Gas and Minerals - Waivers
• State: Multi-State
• County: Kings
• Control #: US-OG-413
• Format: Word; Rich Text

Description

This form is used when Surface Owner agrees that a restriction provision is waived (or is amended as described) and is not deemed binding on the Lessee in the Lease. The Kings New York Waiver of Lien Agreement by Subcontractor is a legal document used in the construction industry to protect the rights of subcontractors, suppliers, and laborers working on a construction project in Kings County, New York. This agreement is specifically designed to waive the right to file a mechanic's lien against the project. Keywords: Kings New York, Waiver of Lien Agreement, Subcontractor, construction industry, rights, subcontractors, suppliers, laborers, construction project, Kings County, mechanic's lien. There are different types of Kings New York Waiver of Lien Agreements by subcontractors, including: 1. Conditional Waiver of Lien: This type of waiver is typically used when the subcontractor is requesting payment for work already performed or materials supplied. It states that upon receiving payment, the subcontractor agrees to release their right to file a mechanic's lien. 2. Unconditional Waiver of Lien: This waiver is used when the subcontractor has already received payment in full for their work. By signing this waiver, the subcontractor permanently waives their right to file a mechanic's lien, regardless of any future disputes or issues. 3. Partial Waiver of Lien: This type of waiver can be used when the subcontractor is partially paid for their work or materials. It acknowledges that the subcontractor has received a partial payment and waives the right to file a lien for the amount already received, while preserving the right to claim a lien for any remaining unpaid balance. 4. Final Waiver of Lien: This waiver is commonly used when the subcontractor has been paid in full, and all work, materials, and services have been completed. By signing this waiver, the subcontractor completely releases their right to file a mechanic's lien for the project. The Kings New York Waiver of Lien Agreement by Subcontractor is a critical document that ensures payment for subcontractors while protecting the rights of property owners and general contractors. It is essential for all parties involved in a construction project to understand and comply with the terms and conditions outlined in this agreement to avoid any legal complications or disputes in the future.

The Kings New York Waiver of Lien Agreement by Subcontractor is a legal document used in the construction industry to protect the rights of subcontractors, suppliers, and laborers working on a construction project in Kings County, New York. This agreement is specifically designed to waive the right to file a mechanic's lien against the project. Keywords: Kings New York, Waiver of Lien Agreement, Subcontractor, construction industry, rights, subcontractors, suppliers, laborers, construction project, Kings County, mechanic's lien. There are different types of Kings New York Waiver of Lien Agreements by subcontractors, including: 1. Conditional Waiver of Lien: This type of waiver is typically used when the subcontractor is requesting payment for work already performed or materials supplied. It states that upon receiving payment, the subcontractor agrees to release their right to file a mechanic's lien. 2. Unconditional Waiver of Lien: This waiver is used when the subcontractor has already received payment in full for their work. By signing this waiver, the subcontractor permanently waives their right to file a mechanic's lien, regardless of any future disputes or issues. 3. Partial Waiver of Lien: This type of waiver can be used when the subcontractor is partially paid for their work or materials. It acknowledges that the subcontractor has received a partial payment and waives the right to file a lien for the amount already received, while preserving the right to claim a lien for any remaining unpaid balance. 4. Final Waiver of Lien: This waiver is commonly used when the subcontractor has been paid in full, and all work, materials, and services have been completed. By signing this waiver, the subcontractor completely releases their right to file a mechanic's lien for the project. The Kings New York Waiver of Lien Agreement by Subcontractor is a critical document that ensures payment for subcontractors while protecting the rights of property owners and general contractors. It is essential for all parties involved in a construction project to understand and comply with the terms and conditions outlined in this agreement to avoid any legal complications or disputes in the future.