Unconditional Lien Waiver
Unconditional Lien Waiver
I. AGREEMENT OVERVIEW
This Unconditional Lien Waiver ("Waiver") is made between [YOUR COMPANY NAME] ("Releasor") and [CLIENT OR CONTRACTOR'S NAME] ("Releasee"). The purpose of this Waiver is to irrevocably relinquish all of the Releasor's lien rights against the property listed below, effective upon the signing of this document. This agreement is executed on [DATE].
II. PROPERTY DESCRIPTION
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Address: [FULL ADDRESS OF PROPERTY]
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Legal Description: [LEGAL DESCRIPTION OF PROPERTY]
This property will henceforth be referred to as the "Property."
III. DECLARATION OF PAYMENT
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Amount Received: The Releasor acknowledges the full receipt of the sum [AMOUNT RECEIVED] from the Releasee as complete payment for all labor, services, equipment, or materials furnished to the Property up to and including the date of this Waiver.
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Payment Details: This payment was made via [PAYMENT METHOD] on [PAYMENT DATE].
IV. SCOPE OF WAIVER
By signing this document, the Releasor unconditionally and irrevocably waives and releases any and all liens, claims, and rights to liens against the Property. This release covers all of the Releasor’s work and materials supplied to the Property up to the date specified above, without any exceptions.
V. AFFIRMATION OF VOLUNTARY PARTICIPATION
The Releasor affirms that their decision to sign this Waiver is made voluntarily and without any coercion or duress. The Releasor acknowledges having had the opportunity to discuss this Waiver with legal counsel and fully understands its implications.
VI. BINDING AGREEMENT
This Waiver is legally binding and enforceable under the laws of the state of [STATE NAME]. Any legal actions related to this document shall be conducted in the courts of [COUNTY NAME, STATE NAME].
VII. SIGNATURES
To demonstrate their agreement to the terms outlined above, both parties must provide their signatures below.
Releasor's Signature:
[YOUR NAME]
[YOUR TITLE]
[DATE]
[CLIENT OR CONTRACTOR'S NAME]
[CLIENT'S TITLE]
[DATE]
