Conditional Waiver and Release of Lien Upon Final Payment [FORM]

(Consult an attorney before using this form or relying on this information)

 

CONDITIONAL WAIVER AND RELEASE OF LIEN UPON FINAL PAYMENT

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 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 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: __________

 

Watch this Video on the 3 Most Common Waiver/Release Mistakes to Avoid [VIDEO]

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