Illinois Waiver Of Lien
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While you may feel that filling out paperwork is tiresome, there is a way to reduce the amount of time you have to spend on this task. PDFSimpli is a web-based technology tool that helps you get your work done. A few steps can increase your efficiency and manage your documents. For example, in minutes, you can use PDFSimpli to protect your property by filling out a lien waiver and sending it to your contractor.
That Wavier of Lien form fits your needs. Select it and fill out the template to create a polished copy in minutes. Your PDFSimpli account can then send it to the party you paid for a signature. Once it is signed, you can print it to keep in your records.
SIMPLIFY YOUR WORKLOAD NOW!A lien waiver is a standard document in the construction industry used as a receipt. If you pay a contractor during construction, you will ask them to sign your lien waiver. They can be used by lenders, contractors, suppliers and more to protect properties from having liens put on them.
PDFSimpli offers lien waivers that are conditional and unconditional. These are assigned to final and progress payments. The type you request depends on whether you are making a final or partial payment and if you are expected to do anything else regarding your contribution or your client's project.
Anytime you pay for a job, you should request a lien waiver to prevent a lien on your project or property. You should withhold your payment until your lien waiver is signed because mechanics' liens can cause serious financial problems with your project and prevent other contractors from working on it.