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In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials supplier, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner) for the amount paid.
An assignment does not necessarily have to be made in writing; however, the assignment agreement must show an intent to transfer rights. The effect of a valid assignment is to extinguish privity (in other words, contractual relationship, including right to sue) between the assignor and the third-party obligor and create privity between the obligor and the assignee. [1]
A release of lien is a written statement that releases the property from the threat of lien. If the contract requires partial payments be made before the work is completed in full, then the property owner may request a partial release of lien covering all labor and materials used up to the time of payment.
In 1853, Lake Shore and Michigan Southern Railway and the Illinois Central Railroad were both involved in a fight over right-of-way and possession of railway lines that is also known as a frog war. The two opposing lines intersected in Hyde Park, Chicago , resulting in the creation of Grand Crossing.
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A one-way, low-speed (OWLS) diamond in Champaign, Illinois.This is an example of flange-bearing frogs in use on North American freight rail lines. A flange-bearing frog, often abbreviated FBF, is a type of frog in which the flange of the wheel on a railway vehicle supports the weight of the vehicle.
Illinois should split these final two and head into the Big Ten Tournament with a top-four seed and a double-bye. Final Illinois basketball 2024-25 record prediction Record: 20-11, 13-7
Technically, anything over 20 years old can be coined "vintage." But when you truly think of items worth this title, your brain doesn't go to Beanie Babies. Instead, it conjures up images of vinyl...