Form 18 - Lien Waiver Affidavit Final by Contractor 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in the 'STATE OF ILLINOIS' and 'COUNTY' sections at the top of the form. This establishes the jurisdiction for your affidavit.
  3. In the first section, provide the name of the contractor and details about the work performed, including a description of materials or services provided.
  4. Next, specify the total amount received for services rendered. This is crucial for validating your waiver of lien rights.
  5. Complete the contractor's affidavit section by entering your name, position, and company name. Ensure all payment details are accurate.
  6. List all parties involved in providing materials or services, along with their respective amounts due. This transparency is essential for compliance.
  7. Finally, sign and date the document where indicated. If required, have it notarized to finalize your affidavit.

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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.
Contractors sign a final lien waiver when theyve received payment for services for an entire outstanding balance on a construction project or when an owner pays the entire amount owed for work done on the project. For owners, its an acknowledgment they have cleared their obligations to the general contractor.
In order to get a lien removed, you must resolve the debt in some manner. This could be meeting the liens requirements by paying the creditor what you owe. By fulfilling your side of the contract, the creditor must perform their side of the contract and issue a release-of-lien form.
A lien makes it impossible to sell the home until the debt is paid or discharged. The lien gives the contractor the ability to force the sale of the property through foreclosure and use the sale proceeds to pay off the debt. You can remove the lien by paying the contractor.
A contractors affidavit provides reassurance to the project owner that all contractors and vendors on the project have been paid for the work they provided. By signing the form, the contractor swears that payment has been made to everyone working on the project, except those listed on the affidavit.

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People also ask

Steps to Removing a Lien Contact the contractor directly and try to negotiate a settlement, which might mean making a compromise payment for the work completed, setting up a payment schedule, modifying the lien claim, or fully releasing the lien.
The average cost of hiring an attorney to remove a lien is around $1,000 to $2,500. However, this cost can be higher if the case is more complex or if the lien is a federal tax lien.
The IRS releases your lien within 30 days after you have paid your tax debt.

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