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Unconditional Lien Waiver on Progress Payment Form - Lake County
Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 11/20/2020
Unconditional Lien Waiver of Progress Payment Guide - Lake County
Line by line guide explaining every blank on the form.
Included document last updated 11/11/2020
Completed Example of the Unconditional Lien Waiver on Progress Payment Document - Lake County
Example of a properly completed form for reference.
Included document last updated 10/20/2020
*The Following Oregon and Lake County supplemental forms are included as a courtesy with your order.
Notary Certificates
The supplemental forms in this section can be used as loose certificates by notaries in Oregon.
Including:
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.
Get your Lake County Unconditional Lien Waiver on Progress 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.
The documents you receive here will meet, or exceed, the Lake 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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