See the conditional waiver and final payment waiver form. In such a case, it is normal for the Contractor to file G706 and G706A as well as the attached waivers or waivers of privileges for the Contractor, any subcontractors and other persons who may have privileges on the Owner`s property. The Contractor is required to list any exceptions to the Affidavit under G706A and may be required to provide the Owner with a pledge or guarantee of compensation to protect the Owner from these exemptions. Use this form if the applicant needs to sign a waiver and exemption in exchange or to initiate an initial payment and the applicant has not yet been paid. This form is useful if the applicant has not yet been paid, but is paid from an initial payment, which is not the final payment. Such conditional waiver and compensation shall be effective only if the claimant is actually paid. This version does not cover all elements. See the Conditional Release and Progressive Payment Release form. Use this form if the applicant needs to sign a waiver and exemption in exchange for or initiating a final payment and the applicant has not yet been paid. This exemption is only binding if proof of payment is available to the applicant. Proof of payment can be proven by: Attention: Paying your contractor (and/or an exemption from your contractor) does not guarantee that other applicants such as subcontractors and suppliers will be paid. An applicant is a person who, if not paid, can deposit a lien on your property. For more information about mechanical privileges, see Understanding Mechanical Privileges.
The Contractor is required to list any exceptions to the Affidavit set out in AEOI G706A™ and may be required to provide the Owner with a lien or indemnification guarantee to protect the Owner with respect to such exceptions. General Principles: No waiver of privilege is binding unless the applicant signs and provides a waiver and waiver. If signed by the applicant or his authorized representative, the signed form is in force to release the following points: To be effective, the waiver and discharge forms must essentially follow one of the forms set out in articles 8132, 8134, 8136 and 8138 of the Civil Code. The forms are as follows: Use this form if the applicant signs a waiver and initiates it in exchange or to initiate a final payment and the applicant states in the waiver that they have received the final payment. See the Waiver and Unconditional Release form for final payment. AEOI document G706A ™ is the contractor`s affidavit for the release of liens. This AEOI form supports AEOI document G706™ in the event that the owner requests an affidavit from the contractor stating that any waiver or waiver of liens has been received. In such a case, it is normal for the Contractor to submit the G706 Affidavit of Payment of Debts and Claims and Contractor`s Affidavit of Waiver forms G706A™ – as well as the attached waivers or waivers of liens for the Contractor, any subcontractors and other persons who may have privileges over the Owner`s property. In the case of a conditional exemption, the exemption is only binding if proof of payment to the applicant is available. Proof of payment can be proven by:. AIA, The American Institute of Architects and the AIA emblem are registered trademarks of the American Institute of Architects.
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