What is a Contractor's Final Payment Affidavit?
A Contractor's Final Payment Affidavit is a form used by contractors to state that the project has been finished and outlines how much the property owner still owes for materials or services. This form needs to be completed and sent to the property owner before seeking to enforce a lien.
Who uses a Contractor's Final Payment Affidavit?
The contractor is the only one required to furnish a final payment affidavit. This form is not required for subcontractors, suppliers, etc.
When must the contractor send the final payment affidavit?
A lien cannot be obtained or enforced if a Contractor's Final Payment Affidavit has not been sent to the property owner. The Contractor's Final Payment Affidavit must be delivered to the owner at least 5 days before any lien rights can be enforced.