release of lien form

Release of lien form

How do you use a Release of lien form? When looking for a Release of lien form you can always download and use this one.

REVIEWS:
Free Download
FORMAT:
template file type image
CATEGORY:
Contracts
LANGUAGE::
English
TYPE & SIZE:
.docx (0.01 MB)

Overview

A lien release is a written contract in which you agree to “release” your rights as of a certain date. Details like the dating, wording and content of the release can impact your rights in unanticipated ways, which is why it is so critical to learning how lien releases work in construction.

How to use a Release of lien form?

These release forms are commonly used in legal contracts to ensure payment in a variety of industries and situations. Individuals often use liens to purchase high-cost items like homes or vehicles. To give an example: the dealership from which the driver purchased their car holds a lien on the vehicle until the driver makes all payments. This way, if the driver stops making payments, the dealership has legal recourse and can repossess the vehicle.

There are two most common types of contractor lien waivers. One is a conditional lien waiver while the other is an unconditional lien waiver release form. These two forms are further classified under the categories of final payment and progressive payment. An unconditional lien waiver can be with final payment as well as progressive payment. The same is the case for the conditional waiver. So, we can list the types as:

  1. Unconditional lien with final payment
  2. Unconditional lien with progressive payment
  3. Conditional lien waiver with final payment
  4. Conditional lien waiver with progressive payment

These lien waiver forms are usually requested by the client from the contractor so that he knows that the contractor has received all the due payments and the bills have also been cleared. 

After downloading this sample Release of lien form and filling in the blanks, you can easily customize the style, typography, details, and appearance of your Release of lien form. If this isn't the right document that you are looking for, then certainly take a look at the other letters that Bizzlibrary.com has to offer. We have many letters ranging from cover letters to business letters and thank you notes.


The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained this site constitutes a solicitation, recommendation, endorsement, or offer by Bizzlibrary or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.



Reviews

Richie Brennan - USA

Thanks for providing this sample

Paljer Sherpa

Thank You for the sample document on how to fill up the lien release paper. Totally appreciate.