What is the Michigan Sworn Form?
The Michigan Sworn Form is a legal document used by contractors and subcontractors to provide a sworn statement regarding payments owed to subcontractors, suppliers, and laborers for construction projects. This form helps ensure that all parties involved in a project are aware of any outstanding payments and serves to protect property owners from potential construction liens.
Who needs to complete the Michigan Sworn Form?
Typically, the contractor or subcontractor responsible for a construction project must complete this form. It is essential for those who have contracted with the owner or lessee of the property to disclose any unpaid amounts owed to subcontractors, suppliers, or laborers.
What information is required on the form?
The form requires detailed information about the project, including the project name, address, and a list of subcontractors, suppliers, and laborers. For each entity listed, the form asks for the type of improvement, total contract price, amounts already paid, and the balance still owing. This transparency helps ensure that all financial obligations are clear.
What are the consequences of providing false information?
Providing false information on the Michigan Sworn Form can lead to serious legal consequences. If someone knowingly submits a false sworn statement with the intent to defraud, they may face criminal penalties under the Michigan Construction Lien Act. This underscores the importance of accuracy and honesty when filling out the form.
How does this form protect property owners?
The Michigan Sworn Form serves as a protective measure for property owners by documenting that all subcontractors, suppliers, and laborers have been paid or that any outstanding claims are specifically noted. However, owners should be aware that relying solely on this document may not fully protect them from claims if proper notice has not been provided by subcontractors or laborers.
Is notarization required for the Michigan Sworn Form?
Yes, notarization is a crucial part of the Michigan Sworn Form. The individual completing the form must sign it in the presence of a notary public, who will then verify the identity of the signer and affix their seal. This adds an extra layer of authenticity and legal standing to the document.
Can the form be modified or customized?
While the Michigan Sworn Form has a standard structure, it may be tailored to fit specific project needs. However, any modifications should still comply with Michigan law and maintain the essential elements required by the Construction Lien Act. Consulting with a legal professional before making changes is advisable.
Where can I obtain the Michigan Sworn Form?
The Michigan Sworn Form can typically be obtained from various legal resources, including online legal document providers, local government offices, or legal aid organizations. It’s important to ensure that you are using the most current version of the form to comply with legal requirements.