Iowa - Franklin County Unconditional Waiver on Final Payment Form

Name: Unconditional Waiver on Final Payment
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All Franklin County specific forms listed below are included in your immediate download:

Franklin County Unconditional Waiver on Final Payment Form Page 1

Unconditional Waiver on Final Payment Form - Franklin County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 7/7/2020

Franklin County Unconditional Waiver on Final Payment Guide Page 1

Unconditional Waiver on Final Payment Guide - Franklin County

Line by line guide explaining every blank on the form.
Included document last updated 6/12/2020

Franklin County Completed Example of the Unconditional Waiver on Final Payment Document Page 1

Completed Example of the Unconditional Waiver on Final Payment Document - Franklin County

Example of a properly completed form for reference.
Included document last updated 6/19/2020

*The Following Iowa and Franklin County supplemental forms are included as a courtesy with your order.

Real Estate Transfer Declaration of Value

According to Iowa law, a Declaration of Value, stating the full consideration paid in certain non-exempt real estate conveyances, must be submitted to the county recorder at the time a deed, contract, instrument, or other writing is presented for recording. A version to be filled in online as well as a print version of the form are available. Both include instructions, but make sure to consult the Detailed Filing Instructions as well.

Real Estate Transfer Groundwater Hazard Statement

This form must be presented to the county recorder when the document to be recorded is filed. The recorder shall forward the original to the transferee when the recorded instrument is returned.

Transfer Tax

This tax table lists transfer tax rates by amount of consideration.

Iowa Homestead Exemption

If you are an Iowa resident property owner and live in the property for 6 months or longer each year, you may qualify for a Homestead exempition. This can reduce your property taxes.

Notary Certificates

The supplemental forms in this section can be used as loose certificates by notaries in the state.

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Frequently Asked Questions:

How long does it take to get my forms?
- Forms are available immediately after submitting payment.
What are supplemental forms?
- Often when a deed is recorded additional documents are required by the state or local jurisdiction. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
How do I get my forms, are they emailed?
- After you submit payment you will see a page listing the forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
What type of files are the forms?
- All of our forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Can the forms be re-used?
- Yes. You can re-use the forms for your personal use. For example, if you have more than one property in a given county that you need to transfer you would only need to order our forms once for all of your properties in that county.
Are these forms guaranteed to be recordable in Franklin County ?
- Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Franklin County including margin requirements, content requirements, font and font size requirements.
Do I have to enter all of my property information online?
- No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
- Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Do I need any special software to use these forms?
- You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Are there any recurring fees involved?
- No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Unconditional Waiver on Final Payment Forms:

Franklin County

Including:

Alexander
Bradford
Chapin
Coulter
Geneva
Hampton
Latimer
Popejoy
Sheffield

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What is the Iowa Unconditional Waiver on Final Payment?

Mechanic's liens are governed under Chapter 572 of Iowa Code. A waiver is a conscious relinquishment of a right. In this case, the person granting the waiver is relinquishing the right to seek a mechanic's lien for all or part of the amount due. This assurance is usually enough to get the other party to pay. In Iowa, there are no statutory forms for waivers although according to the principles of contract law, the parties may agree to such modifications in writing.

Generally, waivers come in four varieties: conditional or unconditional, and based on a partial/progress or final payment. Conditional waivers only become effective after the responsible party's check clears the bank on which it was drawn, and provide more protection for the claimants. Unconditional waivers go into effect immediately, tend to favor the owners' interests, and should only be used after payment is confirmed. Waiving lien rights after a partial payment allows the claimant to retain some lien rights, but to release others based on the amount paid on the overall balance due. Waivers upon final payments remove the claimant's eligibility to place a lien because they state that the account is paid in full.

Regardless of the nature, waivers must identify the parties, the location of the project, relevant dates, and payments.

Use the final unconditional waiver when a full and final payment is made and collectability of the amount due amount is not an issue. The unconditional waiver should only be granted when payment is made through a verified method. The waiver is effective up to the full amount due and the claimant waives any lien rights without condition.

This article is provided for informational purposes only and should not be relied upon as a substitute for the advice from a legal professional. Please contact an Iowa attorney with any questions about sending notice to property owners or anything else with regard to mechanic's liens.

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Save Time and Money

Get your Franklin County Unconditional Waiver on Final Payment 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.

Our Promise

The documents you receive here will meet, or exceed, the Franklin County 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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