Oregon's Construction Lien Law is codified at ORS 87.001 to 87.060 and 87.075 to 87.093.
Liens are instruments, recorded with the land records for the locality where the relevant real property is situated, that document the agreement between the owner/customer and the contractor. They identify the primary parties and generally include a description of the work requested, a tentative schedule, and an information about charges and payments.
Contractors and other authorized parties (claimants) use construction liens to protect their interests while improving someone else's property. To encourage payment, the contractor may offer to waive lien rights up to a certain date or dollar amount.
Altogether, there are four separate lien waivers: partial conditional, partial unconditional, final conditional, and final unconditional. A conditional waiver offers more protection to the lien claimant, and depends on the payment clearing the bank, meaning that there are no bounced checks or other complications. An unconditional waiver offers more protection to the owner and is effective regardless of payment receipt.
For example, let's say a customer makes a payment toward the total balance due and contractor offers to release a portion of the rights reserved by a recorded lien. Unconditional waivers do not require bank confirmation, so the claimant completes and records an unconditional waiver on progress payment form, which identifies the parties, the nature of improvement, the property, and the relevant dates and payments applied.
This article is provided for informational purposes only and should not be relied upon as a substitute for the advice of an attorney. Please contact an Oregon lawyer with any questions about waivers or other issues related to construction liens.
Deeds.com Oregon Unconditional Lien Waiver on Progress Payment Forms Have Been Updated as Recently as Wednesday February 13, 2019
What others like you are saying:
December 26th, 2018
Name: Robert K.
Review: This deed helped me a lot
Reply from Staff on December 26th, 2018
Glad to hear that Robert. Have a great day!
December 14th, 2018
Name: William K.
Review: Thanks for the service which was excellent and timely. Instructions were easy to follow and results worth the cost.
Reply from Staff on December 14th, 2018
Thank you for your feedback. We really appreciate it. Have a great day!
December 24th, 2018
Name: Debra W.
Review: I found this site a must. It provided all the forms I needed to file a Quit Claim Deed. I filed what use to be called a Quick Claim Deed 30 years ago. You only had to file the one form. Today it is called a Quit Claim Deed. The pack provided forms that I had no idea had to be filed with the Quit Claim Deed. I would not have known this otherwise if the option hadn't presented itself. Thank you!
Reply from Staff on December 24th, 2018
Thanks for taking the time to leave your feedback Debra, we really appreciate it.
Select County where the property is located.