Waiver for Grounds of Inadmissibility: If a person who is not a citizen of the United States wishes to gain entry, they may be required to complete Form I-601, "Application for Waiver of Grounds of Inadmissibility." This waiver seeks to change the status of the person seeking entry, allowi...
Signing an unconditional final waiver shows an acknowledgement of payment, but if payment has not been received or cleared the bank, a conditional waiver is the route to go, said Hicks. Don't lose lien rights by signing the wrong waiver Exactly what specific factors and what process must agen...
A person or entity owed money for work done on the property will remove the vendor's lien once payment is made.Title Search When a piece of real estate is being sold a title search is undertaken to determine what liens---including vendor's lien---are placed on the property.References...
A mechanic’s lien is a guarantee of payment to unpaid parties who have a security interest in a property. Thelienensures that the workmen are paid before anyone else in the event of aliquidation. The mechanic’s lien is based on labor or materials used to improve, maintain, or repair pr...
Liens and other financial claims have become more prevalent these days as a result of recent economic circumstances. Here’s a look at what is a lien.
WHAT HAVE WE DONE TO THE LIEN WAIVER? Way Too MuchThe article discusses the concept of the mechanic's lien in real estate. In the U.S., it appears that the earliest version of a mechanic's lien statute was passed by the Pennsylvania legislature in 1784. The closest thing to a present...
What is a severance package? What is a jumbo mortgage? What is life insurance used for? What is a waiver of subrogation? What is an exempt employee? What is liability in finance? What is a closed end fund? Explore our homework questions and answers library ...
A Lien Waiver & Release can be either “Conditional” or “Unconditional”. A Conditional Lien Waiver & Release is conditioned upon receipt of payment, meaning it does not become effective until the money has been received. Consequently, a party can, and should, freely execute and provide a ...
While a project is under construction, an owner almost always requires that the general contractor and its subcontractors execute and deliver a partial waiver of lien as a condition of receiving a progress payment. The partial lien waiver may either be unconditional, which means the waiver is ...
While all releases require the balance owed to be paid in full, the release of these types of liens is governed by the laws of each state. In California, for example, after the vehicle owner pays the debt, the lien holder will complete the state’s “Unconditional Waiver and Release upon...