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Waiver of Lien - Individual - Alaska

Waiver of Lien - Individual - Alaska 2025

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The document is a 'Waiver of Lien' form under Alaska Statute § 34.35.117, in which an individual waives their right to a mechanic's lien for labor, materials, services, or equipment provided for property improvement after confirming they have been paid in full. It includes sections for the individual's details, acknowledgment of payment, and verification of the statements made.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I write a lien waiver?

Identify the type of lien waiver. Provide project information. Identify the parties involved. Specify the payment amount. Add the date and signature. Retain a copy. Mass apply them to bills/POs.

How long can a lien be put on a property?

Judgments are liens upon the real estate owned by the defendant for a period of ten years from the date of the judgment.

Is a lien release the same as a lien waiver?

Any time a subcontractor or supplier submits a payment application, a lien waiver is usually nearby. A lien release has no specific time frame. They may be necessary during the project or even after its completion. However, they will only come into play after filing a mechanics lien against the property.

What is the most common lien on property?

In real estate, a lien gives a lender the legal rights to the house until youve paid your mortgage in full. One of the most common examples of a house lien or property lien would be a mortgage.

Can I put a lien against my own property?

A property owner can choose to place a lien on their property. A voluntary lien is a claim over the property that a homeowner agrees to give to a creditor as security for the payment of a debt. A mortgage lien is the most common type of voluntary real estate lien, also called a deed of trust lien in some states.

What are the conditions for lien?

Liens can be invoked by the creditor if the debtor fails to meet their obligations, allowing the creditor to seize and sell the assets. Bank liens, judgment liens, and mechanics liens are three common types. Government entities can also impose liens to collect money they are owed.

How to put a lien on a property in Alaska?

Submit the lien form and pay the relevant fees: the lien form must be submitted to the DNR recording office that serves the recording district where the property is situated. Claimants can ascertain their recording fee by calling the DNR recording office before their submission.

What is the meaning of waiver of lien?

A lien waiver is a written agreement between a payer and a counterparty where said counterparty gives up their right to place a lien on the payers property or goods. Lien waivers are often used in the construction industry throughout phases of projects.

Waiver of Lien - Individual - Alaska 2025

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