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 form.
What are the types of lien 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:
- Unconditional lien with final payment
- Unconditional lien with progressive payment
- Conditional lien waiver with final payment
- 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 Contractor waiver release form 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.
TO WHOM IT MAY CONCERN,
For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned Contractor hereby waives, discharges, and releases any and all liens, claims, and rights to liens against the above-mentioned project, and any and all other property owned by or the title to which is in the name of the above-referenced Owner and against any and all funds of the Owner appropriated or available for the construction of said project, and any and all warrants drawn upon or issued against .., which the undersigned Contractor may have or may hereafter acquire or possess as a result of the furnishing of labor, materials, and/or equipment, and the performance of Work by the Contractor on or in connection with said project, whether under and pursuant to the above-mentioned contract between the Contractor and the Owner pertaining to said project or otherwise, and which said liens, claims or rights of lien may arise and exist...
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