CONDITIONAL WAIVER AND RELEASE OF LIEN UPON PARTIAL/PROGRESS PAYMENT

The following article was written by Miami Construction Lawyer Alex Barthet and appeared first on TheLienZone. It was re-posted with permission. For more information about Alex and his firm, please visit www.TheLienZone.com and www.Barthet.com.
See below for the conditional waiver and release of lien upon progress payment form. Do not ever hesitate to call us here at Licenses, Etc.! If we don’t have the information, we can find it!

 

The undersigned lienor, in consideration of the sum of $_____ [insert actual amount to be paid, not $10] to be paid and expressly subject thereto will waive and release its lien and right to claim a lien for labor, services, or materials furnished through (insert date) to (insert the name of your customer) on the job of (insert the name of the owner) to the following property:

(description of property)

This waiver and release does not cover any retention or labor, services, or materials furnished after the date specified.  Further, this waiver and release is expressly conditioned upon the undersigned’s actual receipt of the above referenced amount in paid/cleared funds.  Otherwise, this waiver and release is void.

DATED on _____, (year) .

(Lienor)

By: __________

 

 

At Licenses, Etc., we can help you with the contractor license application process; we make the process stress free and easy. Contact us today about getting your license by clicking here or calling 239-777-1028.



Leave a Reply