The Illinois waiver of lien form is a legal document that can be used by contractors and other individuals who have performed work or provided services for a property owner to waive their right to file a mechanics lien on the property. The form must be completed and filed with the circuit court in the county where the property is located within 90 days of providing the services or completing the work. Waiving your lien rights can be beneficial if you are having cash flow issues and need to get paid for the work that you have done, but it may also limit your ability to recover payment for the work if there is a dispute. It is important to consult with an attorney before waiving your lien rights to ensure that you are making an informed decision.
Below is the information concerning the form you were seeking to fill in. It will show you the time it takes to finish illinois waiver of lien, what parts you will need to fill in and some further specific details.
| Question | Answer |
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| Form Name | Illinois Waiver Of Lien |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | waiver of lien form illinois, waiver of lien to date, lien waiver form illinois, what is final lien waiver |
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WAIVER OF LIEN TO DATE |
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STATE OF ILLINOIS |
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ESCROW#__________ FILE#______________ |
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COUNTY OF |
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WHEREAS THE UNDERSIGNED HAS BEEN EMPLOYED BY ______________________________________________________________________ |
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(CONTRACTOR) |
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TO FURNISH______________________________________________________________________________________________________________ |
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FOR THE PREMISES KNOWN________________________________________________________________________________________________ |
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OF WHICH__________________________________________________________________________________________________IS THE OWNER. |
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THE UNDERSIGNED, FOR AND IN CONSIDERATION OF |
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$___________________________)DOLLARS, |
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AND OTHER GOOD AND VALUABLE CONSIDERATIONS, THE RECEIPT WHEREOF IS HEREBY ACKNOWLEDGED, DO(ES) HEREBY WAIVE AND RELEASE ANY AND ALL LIEN OR CLAIM OF, OR RIGHT TO, LIEN, UNDER THE STATUES OF THE STATE OF ILLINOIS, RELATING TO MECHANICS' LIENS, WITH RESPECT TO AND ON SAID
DATED_______________________ COMPANY NAME ________________________________________________________
SIGN HERE SIGNATURE AND TITLE
IF YOU HAVE CONTRACTED FOR LABOR OR MATERIALS ON THIS JOB YOU MUST COMPLETE
STATE OF ILLINOIS
COUNTY OF
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THE CONTRACTOR'S AFFIDAVIT. |
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CONTRACTOR'S AFFIDAVIT |
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TO WHOM IT MAY CONCERN:
THE UNDERSIGNED, BEING DULY SWORN, DEPOSES AND SAYS THAT HE IS SUBCONTRACTOR/SUPPLIER OF THE SUBCONTRACTOR/GENERAL CONTRACTOR WHO IS THE CONTRACTOR FOR THE__________________________________WORK
ON THE BUILDING LOCATED AOWNED BY
____________________________________________________________. THAT THE TOTAL AMOUNT OF THE CONTRACT INCLUDING EXTRAS
IS $_____________________________________ON WHICH HE HAS RECEIVED PAYMENT OF $________________________________________
PRIOR TO THIS PAYMENT. THAT ALL WAIVERS ARE TRUE, CORRECT AND GENUINE AND DELIVERED UNCONDITIONALLY AND THAT THERE IS NO CLAIM EITHER LEGAL OR EQUITABLE TO DEFEAT THE VALIDITY OF SAID WAIVERS. THAT THE FOLLOWING ARE THE NAMES OF ALL PARTIES WHO HAVE FURNISHED MATERIAL OR LABOR, OR BOTH, FOR SAID WORK AND ALL PARTIES HAVING CONTRACTS OR SUB CONTRACTS FOR SPECIFIC PORTIONS OF SAID WORK OR FOR MATERIAL ENTERING INTO THE CONSTRUCTION THEREOF AND THE AMOUNT DUE OR TO BECOME DUE TO EACH, AND THAT THE ITEMS MENTIONED INCLUDE ALL LABOR AND MATERIAL REQUIRED TO COMPLETE SAID WORK ACCORDING TO PLANS AND SPECIFICATIONS:
NAMES
WHAT FOR
CONTRACT PRICE
INCLUDING EXTRAS*
AMOUNT
PAID
THIS
PAYMENT
BALANCE
DUE
TOTAL LABOR & MATERIAL INCLUDING EXTRAS* TO COMPLETE
THAT THERE ARE NO OTHER CONTRACTS FOR SAID WORK OUTSTANDING, AND THAT THERE IS NOTHING DUE OR TO BECOME DUE TO ANY PERSON FOR MATERIAL, LABOR OR OTHER WORK OF ANY KIND DONE OR TO BE DONE UPON OR IN CONNECTION WITH SAID WORK OTHER THAN ABOVE STATED.
DATE: ____________________SIGNATURE: _____________________________________________
SUBSCRIBED AND SWORN TO BEFORE ME THIS _______ DAY OF ___________________19____.
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NOTARY PUBLIC
*EXTRAS INCLUDE BUT ARE NOT LIMITED TO CHANGE ORDERS, BOTH ORAL & WRITTEN, TO THE CONTRACT