A waiver of lien to date applies while a construction project is still underway, not at final closeout. Contractors exchange it with each progress payment. For projects with multiple contractors, escrow agents, or lenders commonly ask for this waiver before releasing funds.
The party that actually holds lien rights must sign this lien waiver form in Illinois, not an office admin or project manager without authority. The waiver also covers approved change orders, including verbal ones.
You must complete several sections roughly halfway through the Chicago Title waiver of lien to date:
• The property address where the work took place.
• The name of the company or individual providing labor or materials.
• The payment amount you are acknowledging, including approved change orders.
• A statement releasing lien rights for work completed to date.
• The signature, title, and date from the authorized signer.
Following the waiver, the document includes a contractor’s affidavit. The signer swears that all subcontractors and suppliers are listed, shows how much each party has received, and confirms that no unpaid balances are hiding off the books. It works like a sworn inventory of who received payment and who still expects payment.
But there’s a practical side to the Chicago Title lien waiver. This document keeps payments moving, reduces payment disputes, and helps escrow agents release funds without second-guessing every invoice.
| Question | Answer |
|---|---|
| Form Name | Chicago Title Waiver of Lien to Date |
| Form Length | 1 page |
| Fillable? | Yes |
| Fillable fields | 70 |
| Avg. time to fill out | 15 min |
| Other names | Chicago Title Company lien waiver, waiver of lien to date Chicago Title PDF, Chicago Title partial waiver PDF, Chicago Title lien waiver |
