Illinois Subcontractor Final Waiver and Release of Lien

Illinois Subcontractor's Final Waiver and Release of Mechanic's Lien

Under 770 ILCS 60, Illinois' Mechanic's Lien act, lien waivers are used between a contractor (including a sub or general) and a property owner to induce or encourage final or partial payments in exchange for forfeiting the claimant's right to a mechanic's lien.

Use the Final Lien Waiver after the confirmed final payment on an outstanding mechanic's lien. A subcontractor signs this form and provides to the owner and/or prime contractor in exchange for final payment on the job.

Contact an attorney with questions about the Subcontractor's Final Waiver and Release, or with any other issues related to mechanic's liens in Illinois.

Deeds.com Illinois Subcontractor Final Waiver and Release of Lien Forms Have Been Updated as Recently as Friday June 26, 2020

4.8 out of 5 (1555 Reviews)

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Barbara S. said: I had an issue due to the fact that I had many beneficiaries. I was and still am not sure how to handle this. We do have Adobe Pro and can modify the form, if needed. But I would like to talk to your organization for more information.

Reply from Staff: While we are unable to assist you specifically with completing the document we can note that this is addressed in the guide. Information that does not fit in the available space should be included in an exhibit page.

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Joyce D. said: Good after I figured out the form process. Hopefully I won't be charged for two as I redid the request thinking I might have made a mistake in the first request.

Reply from Staff: Thank you for your feedback Joyce. We have reviewed your account and there have been no duplicate orders submitted. Have a great day!

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