Iosco County Partial Conditional Waiver of Lien Forms (Michigan)

Form Package

Partial Conditional Waiver of Lien

State

Michigan

Area

Iosco County

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$27.97

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Included Forms

All Iosco County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Michigan and Iosco County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Partial Conditional Waiver of Lien Forms:

• Iosco County

Including:

• East Tawas
• Hale
• Long Lake
• National City
• Oscoda
• Tawas City
• Whittemore

What is the Michigan Partial Conditional Waiver of Lien

During the construction process, a property owner (or his or her lessee) may ask the contractor for a 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 partial conditional waiver of lien when the claimant receives an agreed-upon payment for his or her contract from the owner, lessee, or designee. M.C.L. 570.1115(4). This partial payment may be a scheduled disbursement, be tied to a progress point in the improvement process, or another circumstance as set out in the original contract.

A waiver 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 lead to dire consequences for construction liens. Contact an attorney with questions about waivers or any other issues related to liens in Michigan.

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The documents you receive here will meet, or exceed, the Iosco 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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