Partial Conditional Waiver of Lien - Corporation or LLC - Michigan 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the name of your corporation in the first blank space. This identifies the entity providing the waiver.
  3. In the next section, specify the name of the party you have contracted with for work or materials. This ensures clarity on who is involved in the agreement.
  4. Describe the work and/or materials provided in detail. This helps establish what services or products are covered under this waiver.
  5. Fill in the property description where improvements were made. Accurate property details are crucial for legal validity.
  6. Indicate the amount being waived for labor/materials provided up to a specified date. Ensure this figure reflects actual payments received.
  7. Select whether this waiver covers all amounts due by checking 'does' or 'does not'. This clarifies if any outstanding balances remain.
  8. Finally, complete the date and sign as the lien claimant, including your printed name, title, corporation name, address, and telephone number.

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Payment Protection: Lien waivers protect property owners by providing assurance that contractors, subcontractors, and suppliers have been paid or will be paid for their services or materials. This reduces the risk of potential liens against the property.
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.
A partial release of lien is a legal document that releases a specific portion of a property from a previously filed lien. It allows the property owner to clear the title for a portion of the property by satisfying the lien for that particular section, while the lien remains on the remaining portion.
A Partial Lien Waiver, in the construction industry, refers to a legal document drafted to provide assurance to a payer that a contractor, subcontractor or materials supplier has received specified payments and waives its right to place a lien on the construction project to the extent of received payments.

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