Lien Waiver
Lien Waiver
I. Purpose
This Lien Waiver ("Waiver") is executed on October 31, 2054 by [YOUR NAME] on behalf of [YOUR COMPANY NAME] ("Claimant"), whose principal office is located at [YOUR COMPANY ADDRESS], to acknowledge payment and waive any lien rights as outlined in this document.
II. Acknowledgment of Payment
The Claimant acknowledges the receipt of payment in the amount of $25,000 for the following project:
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Project Name: New Horizons School Expansion
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Location: Reno, NV 89501
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Contractor/Client Name: Future Builders Ltd.
III. Release of Lien Rights
Upon receipt of the payment amount specified above, the Claimant hereby waives and releases any and all lien or claim of lien on the property described above, to the extent of payment received, for all work performed, services rendered, and materials furnished through October 31, 2054.
IV. Warranty of Authority
The Claimant represents and warrants that they are duly authorized to execute this Waiver on behalf of [YOUR COMPANY NAME] and that this Waiver is binding upon the Claimant and any successors, assigns, or representatives.
V. Exclusions and Reservations
This Waiver does not waive any lien rights for any work, labor, services, or materials provided after October 31, 2054, nor does it waive any right to lien for the unpaid balance remaining due for work, services, or materials already provided.
VI. Hold Harmless Clause
The Claimant agrees to hold harmless Future Builders Ltd. and New Horizons School District from any and all claims related to liens, damages, or liabilities stemming from work, services, or materials furnished on or before October 31, 2054.
VII. Governing Law
This Waiver shall be governed by and construed in accordance with the laws of the State of Nevada.
VIII. Execution
By signing this Waiver, the Claimant hereby acknowledges and agrees to all terms and conditions as stated. This Waiver is binding and enforceable upon receipt of the payment specified above.
Claimant:
[YOUR NAME]
[YOUR COMPANY NAME]
Title: Project Manager
Date: October 31, 2054
