Main MenuMain Menu Bookmark PageBookmark Page

Chapter 20

Form 20-4

Affidavit of Acceptance

Basic Information

Date:

Mechanic’s Lien Contract

Date:

Owner:

Contractor:

Trustee:

Property (including improvements): [include legal description]

Third-Party Lender:

Owner on oath swears that the following statements are true and are within the personal knowledge of Owner:

1.Relying on facts now known to Owner and on Contractor’s affidavit of completion and indemnity, Owner has accepted the construction required by the Mechanic’s Lien Con­tract as complete.

2.This affidavit is made to induce Third-Party Lender to fund a loan to Owner to pay Contractor all or part of the consideration in the Mechanic’s Lien Contract.

3.This affidavit is solely for the benefit of Third-Party Lender, and it does not waive or release any of Owner’s rights or remedies against Contractor.

   
[Name of owner]

SUBSCRIBED AND SWORN TO before me on __________________ by [name of affiant].

   
Notary Public, State of Texas