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Waiver of Lien - Corporation or LLC - Alaska

Waiver of Lien - Corporation or LLC - Alaska 2025

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The document is a 'Waiver of Lien' form used by a corporation to formally release any claims to a mechanic's lien for labor, materials, services, or equipment provided for property improvement. It states that the undersigned has been fully paid and is not an employee of the property owner or contractor. The waiver is valid under Alaska Statute § 34.35.117 and does not require consideration.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the name of the corporation or LLC in the first blank space, indicating who is waiving the lien.
Fill in the property address where labor, materials, services, or equipment were provided. This ensures clarity on which property the waiver pertains to.
In section one, confirm that all payments have been received for services rendered. Specify the person or entity contracted for this job.
Section two requires you to affirm that you are not an employee of the owner or any contractor involved in this project.
In section three, acknowledge your waiver of any mechanic's lien rights as per Alaska Statute § 34.35.117.
Complete the date and sign where indicated. Ensure that a representative from your corporation also signs and prints their name and title.
Finally, have the document notarized by filling out the acknowledgment section at the bottom of page two.

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

What are different types of lien waivers?

There are four main types of lien waivers: conditional lien waivers on progress payment, unconditional lien waivers on progress payment, conditional lien waivers on final payment and unconditional lien waivers on final payment.

Who provides the lien waiver?

Understanding Lien Waivers It is typically signed by contractors, subcontractors, or suppliers, and it signifies that they have been paid or will be paid for their services or materials. By signing a lien waiver, parties agree not to pursue a lien against the property owner for non-payment.

Which type of lien waiver is best for property owners?

Second Tier Subcontractor/Seller waives any and all liens on the Property and all claims and causes of action that pertain in any way to the Project which Second Tier Subcontractor/Seller would otherwise have against Contractor or Owner through .

What is a 2nd tier lien waiver?

A final lien waiver removes all the rights to place a lien from the issuer, while a partial lien waiver removes the rights to place a lien against a portion of the property.

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