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While the mechanics lien act provides a powerful tool for contractors and While the mechanic lien act provides a powerful tool for contractors and subcontractors or materials suppliers get paid. It also provides protection for the homeowner. However the homeowner has to exercise his or her rights in order to benefit from those protections. When the contractor or general contractor performs work on your property he is required to provide to you and you are required to ask for it from the general contractor before making payment, the contractor sworn statement. A contractor sworn statement is going identify to the homeowner who is doing work on the property, the amount of their contracts, the amount being requested in this particular pay application and the balance due on contract. The homeowner is also entitled to receive a partial waiver of lien for each interim payout and a final waiver of lien at the conclusion of the project from the subcontractors and materials suppliers. Those ar
