Download New Hampshire Partial Lien Waiver Legal Forms
New Hampshire Partial Lien Waiver Overview
Mechanic's liens are governed under Chapter 447 of New Hampshire Statutes.
A waiver is a knowing relinquishment of a right. In this case, the person granting the waiver is relinquishing the right to seek a mechanic's lien for part of the amount due. This assurance is usually enough to induce the other party to pay toward the outstanding balance.
Use the Partial Lien Waiver when a partial or progress payment has been made and the potential lien claimant has no valid reason to maintain a right to a lien for the partial amount. The document identifies the parties, the location of the work or improvement, relevant dates, amounts due and paid, and any limitations or restrictions. Give the completed form to the owner in exchange for the partial payment.
This article is provided for informational purposes only and is not legal advice. Please contact an attorney with questions about lien waivers or any other issues relation to New Hampshire mechanic's lien laws.