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Illinois Unconditional Waiver and Release of Mechanic's Lien
Under 770 ILCS 60, Illinois' Mechanic's Lien act, lien waivers are a type of document 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.
Contractors may use this form to waive and release a right to a mechanic's lien. A contractor waives and releases its lien and right to claim a lien for labor, services, or materials on a construction project described in the document.
Contact an attorney with questions about an unconditional waiver and release, or any other issues related to mechanic's liens in Illinois.
Deeds.com Illinois Unconditional Waiver and Release of Mechanic Lien Forms Have Been Updated as Recently as Friday November 13, 2020
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