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 law 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 unconditional 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(2).
A waiver of a lien will be effective when a person makes a 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 covered by the recorded lien.
Lien waivers can be confusing and issuing the wrong kind 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.
Deeds.com Michigan Full Unconditional Waiver of Lien Forms Have Been Updated as Recently as Tuesday August 13, 2019
What others like you are saying:
Mary W. said: Great service. Thank you
Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Jing H. said: Excellent work. I have recommended some friends to your website and will continue. Thanks.
Reply from Staff: Thank you Jing. Have a fantastic day!
Bryan C. said: Fast and just as promised
Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!
Alfred J. H. said: Excellent resource for legal forms. Very satisfied. Instructions and caveats explained clearly. Thank You!
Reply from Staff: Thank you!
jack b. said: good form, reasonable fee
Reply from Staff: Thank you Jack. We really appreciate you taking the time to leave your feedback. Have a great day!
Judy F. said: I thought your site was focused on my specific county, but it wasn't. Therefore, I did not complete a transaction.
Reply from Staff: Thank you for your feedback Judy. Our site is national, we focus on all jurisdictions. Have a great day.
Select County where the property is located.