(1) After a notice of intent to finance is filed under Section 38-1a-603 on a project property, each subcontractor that has filed a preliminary notice pertaining to the project property may file with the registry a final lien waiver.

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Terms Used In Utah Code 38-1a-604

  • Final lien waiver: means a form that complies with Subsection 38-1a-802(4)(c). See Utah Code 38-1a-102
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Project property: means the real property interest on or for which preconstruction service or construction work is or will be provided. See Utah Code 38-1a-102
  • Property: includes both real and personal property. See Utah Code 68-3-12.5
  • Registry: means the State Construction Registry under Part 2, State Construction Registry. See Utah Code 38-1a-102
  • Subcontractor: means a person that contracts to provide preconstruction service or construction work to:
         (34)(a) a person other than the owner; or
         (34)(b) the owner, if the owner is an owner-builder. See Utah Code 38-1a-102
(2) The final lien waiver described in Subsection (1) may be filed on the registry even if no notice of intent to finance was filed on the registry.