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Release agreement template

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What are the types of releases waivers? Here you will find some types of lien releases as well as a sample release agreement template.
format:
Category: Forms
language:
  • English
Type & size:
  • .docx (0.02 MB)

Overview

A contractor waiver release form is a commonly used business document that depicts the clearance of all charges on the client which are due to be paid to the contractor. This waiver release is a legal doc that is handed over to the client after all dues have been waived and payments have been released to the contractor. A waiver release form is a brief document used for legal purposes that is why it must be written with care. This context includes enough information which you need to know about a contractor waiver release agreement. 

What are the types of releases waivers?

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. 

Sample Release Agreement template:

Making a lien waiver form from scratch can be difficult for a person who does not have much know-how of this form. That is why we are providing you sample lien waiver release forms which you can use after a few edits as per your condition and criteria. Download this form for free and it's ready to be used after few amendments.

This Release “Agreement” is made and effective by today, by and between the Releasor, an entity organized with Business Registration Number and existing under the laws, and Releasee. The undersigned, in consideration of one dollar ($) does hereby remise, release, and forever discharge RELEASEE, his heirs, assigns, executors, and administrators from all actions, causes of action, claims, and demands whatsoever, whether or not well-founded in fact or in law, and from all suits, debts, dues, sums of money, accounts, reckonings, notes (or bonds), bills, specialties, covenants, contracts, controversies, agreements, promises, trespasses, damages, judgments, executions, claims and demands whatsoever, at law or in equity that undersigned ever had, now has, or that his heirs, executors or administrators hereafter may have against the party hereby released by reason of any matter, cause or thing whatsoever up to and including the day of the date of this release...

If you like this content, then share it with your friends as well. Provide you valuable suggestions in the comments box. Head to our main site to get some useful daily life content for free. The sample contractor waiver release form is attached herewith.


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