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Builder Lien Release Form

Builder Lien Release Form

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The builder lien release form is document that is created so that the builders’ lien can secure claim for payment for the completed work and release all rights to the property concerned. This is also for any kind of construction. It is important to highlight the exceptions that the builder or contractor aware of and also act accordingly. It is necessary that such a form is drawn so that the owner of the building properly acquires all rights and also claims over the building. This also frees the builder from any liabilities or obligations towards the property.

Builder Lien Release Template
Builder Lien Release Template

You can Download the Builder Lien Release Form Template, customize it according to your needs, and Print it. Builder Lien Release Form Template is either in MS Word or Editable PDF.

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Features

Builder Information:

Identifies the builder releasing the lien.

Property Information:

Details the property against which the lien waiver is applied.

Payment Information:

Specifies the amount of payment received by the builder for the work performed.

Waiver of Lien Rights:

A clear statement by the builder waiving their right to file a lien against the property.

Signatures:

Designated lines for the builder to sign and date the document.

Notarization:

In some states, notarization by a notary public required to make the lien release enforceable.

Benefits

Protection of Payment:

A builder lien release ensures the builder receives payment before waiving their right to file a lien against the property. This protects builders from financial loss if the property owner fails to uphold their payment obligations.

Clear Documentation:

The written document serves as legal documentation that the builder paid and is relinquishing their right to file a lien.

Clear Title:

A recorded builder lien release removes the cloud of a potential lien from the property title. This frees the property owner to sell, refinance, or obtain a clear title on the property without complications arising from outstanding builder liens.

Peace of Mind:

Having a signed lien release from the builder provides the property owner with peace of mind knowing that the builder cannot place a lien on the property after receiving payment.

Important Disclaimer: These templates are for informational purposes only. They are not a substitute for legal advice. Before using any template, consult with an attorney to ensure it meets your specific needs. EditableForms.com is not a law firm and cannot accept legal requests.