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Waiver of Lien Rights Form - Kenai Peninsula Borough
Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 3/13/2020
Waiver of Lien Rights Guide - Kenai Peninsula Borough
Line by line guide explaining every blank on the form.
Included document last updated 2/21/2020
Completed Example of the Waiver of Lien Rights Document - Kenai Peninsula Borough
Example of a properly completed form for reference.
Included document last updated 2/20/2020
*The Following Alaska and Kenai Peninsula Borough supplemental forms are included as a courtesy with your order.
Residential Real Property Transfer Disclosure Statement
This form is required by the State of Alaska on a residential transfer of real property. It includes an addendum to explain repairs, defects and malfunctions.
Judicial Districts
This information sheet lists the recording offices and the districts they serve. It also contains a list of all communities in each of the districts. Note that as of August 1, 2015, the Bethel district office has been closed and recording for the Bethel and Kuskokwim communities is now taking place at the Fairbanks office.
Residential Property Tax Exemptions
You May Qualify for up to a $50,000 exemption off the assessed value of your home for property taxes.
Notary Certificates
The supplemental forms in this section can be used as loose certificates by notaries in the state.
Including:
If a potential claimant has filed a notice of right to lien, the claimant may relinquish the right by filing a waiver of lien rights. Once filed, the claimant waives lien rights for labor, materials, services, or equipment furnished up to the date of execution. The waiver also operates as a defense to any lien filed by the claimant (and the claimant would likely be liable for any resulting damages).
When payments are made, lien waivers act as a sort of receipt, stating implicitly that a payment or arrangement for payment has been made by the owner for the potential lien claimant's furnishing labor, materials, services, or equipment for the project at hand. A waiver does not waive future rights to lien for labor, materials, services, or equipment furnished after the date the waiver is signed by the claimant (AS 34.5.117(a)).
A written waiver of lien rights is valid and binding in Alaska when signed by a claimant, and it requires no consideration (AS 34.35.117(a)). Notwithstanding the statutory guidance, best practices dictate that claimants withhold waivers until they receive and confirm payment.
Companies, suppliers, or general contractors (or, persons eligible to file a lien, as specified by AS 34.35.050) may file a waiver of lien rights in Alaska. Individuals, as defined under AS 34.35.120(10), may not waive their rights to lien. This includes individuals who perform labor as an employee of the owner or a contractor.
In addition to being executed and signed by the claimant, an effective waiver of lien rights includes a statement that the claimant is waiving rights, the date through which rights are waived (the date of execution), and a full legal description of the affected property. It also names the party who contracted the claimant for the labor, materials, services, or equipment, as well as the reputed owner of the property. Before recording the waiver in the recording district in which the property subject to the improvements is located, ensure it meets standards of form and content as required by AS 40.17.030.
Consult an attorney with questions about lien waivers, or for any other issues regarding real property in Alaska.
Get your Kenai Peninsula Borough Waiver of Lien Rights form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties.
The documents you receive here will meet, or exceed, the Kenai Peninsula Borough recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
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