The Final Affidavit And Release Of Lien is a crucial document in the U.S. construction industry that provides legal closure to payment disputes. It is typically used when a contractor, subcontractor, or supplier has received full payment for their work or materials and needs to formally release their lien rights. The document includes specific details about the original lien, property description, payment confirmation, and formal release language. State laws govern the format and requirements, making it essential to comply with local jurisdiction requirements. This document protects both the property owner from future claims and confirms that the lien holder has received satisfactory payment.
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1. Affiant Information: Identity and capacity of the person making the affidavit
2. Property Description: Legal description of the property subject to the lien
3. Original Lien Details: Information about the original lien, including date filed and amount
4. Payment Confirmation: Statement confirming receipt of payment
5. Release Statement: Formal statement releasing the lien
6. Notarization Block: Space for notary acknowledgment
1. Conditional Release Language: Additional language used when the release is contingent upon receipt of payment
2. Warranty Statement: Warranties regarding work completion and quality, included when required by contract or local law
3. Indemnification Clause: Protection against future claims, included when requested by property owner or general contractor
1. Schedule A: Detailed property description with legal boundaries and specifications
2. Schedule B: Copy of original lien documentation and filing details
3. Schedule C: Payment details and proof of payment documentation
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