During the construction process, a property owner (or his or her lessee) may ask the contractor for a mechanic's lien waiver in exchange for a full or partial payment.
Michigan defines four permissible types of lien waivers. These include: (1) Partial Unconditional Waiver, (2) Partial Conditional Waiver, (3), Full Unconditional Waiver, and (4) Full Conditional Waiver. M.C.L. 570.1115(9).
Use a full conditional waiver of lien when the claimant receives full payment for his or her contract from the owner, lessee, or designee. M.C.L. 570.1115(4). A waiver of a lien under this section takes effect when a person makes payment relying on the waiver, unless at the time the payment was made, the person making the payment had written notice that the payment or consideration for the waiver has failed (i.e., the check bounced at the bank). M.C.L. 570.1115(6).
Lien waiver forms must be in writing and must comply with Michigan law to be valid. Include the names of the contractor and the property owner, and identify the property and dates covered by the recorded lien.
Lien waivers can be confusing and issuing the wrong type of waiver (or issuing one too early) can result in dire consequences for mechanic's liens. Contact an attorney with questions about waivers or any other issues related to liens in Michigan.
Deeds.com Michigan Full Conditional Waiver of Lien Forms Have Been Updated as Recently as Monday July 29, 2019
What others like you are saying:
Christine B. B. said: The Personal Representatives Deed is definitely a helpful document for my files. I find it need just a little tweaking by deeds.com , There should be more space for the legal description. I did see in the FAQ's you recommend putting it in the Exhibit and this is what I did. Also I couldn't get the year to be accepted and had to write it in. These are just some minor suggestions, on the whole I was grateful to find this document. Thank you.
Reply from Staff: Thank you for your feedback. Sorry to hear that you had trouble with the date field, we will have it reviewed.
Darrell P. said: My legal description exceeds the avaiable space in the one page Exhibit A...any way to add a second page as 'Exhibit A (continued)'?
Reply from Staff: It is not required to use the included exhibit page. Simply label your printed legal description as the appropriate exhibit.
Della M. said: Very easy to purchase with immediate use of all of the forms that you need for probate of property. My parents had died and left equal shares of their home to my 2 brothers and I.
Reply from Staff: Thank you!
Matthew D. said: Fantastic forms easy process couldn't be happier! Thanks
Reply from Staff: Thank you Matthew!
ALAN C. said: Everything was as advertised, and easily downloaded.
Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Charles R. said: No review provided.
Reply from Staff: Thank you for your review. Have a fantastic day!
Select County where the property is located.