Contractor Lien Waiver
Contractor Lien Waiver
I. Overview
This Contractor Lien Waiver ("Waiver") is executed on [DATE OF EXECUTION]between [CONTRACTOR'S FULL NAME], herein referred to as "Contractor", and [YOUR COMPANY NAME], herein referred to as "Client." The purpose of this Waiver is to confirm the full and final settlement of all claims, liens, and rights to liens by the Contractor upon receipt of the final payment in relation to the project described herein.
II. Project Description
The services provided include the following work performed at [PROJECT ADDRESS], as per the contractual agreement dated [CONTRACT DATE]. This agreement involves [Brief Description of Services Provided].
III. Statement of Waiver
The Contractor hereby waives and releases any and all liens, or claims or rights of liens against the aforementioned project property, and any related rights, pertaining to work performed up to the date of this Waiver. This waiver is effective upon the receipt of a final payment of [FINAL PAYMENT AMOUNT] by the Contractor.
IV. Payment Confirmation
Confirmation is acknowledged by the Contractor that upon completion of the conditions stated in the Section III, a final payment from the Client by check number [CHECK NUMBER], dated [PAYMENT DATE], in the amount of [FINAL PAYMENT AMOUNT], has been received.
V. Release of Rights
This Waiver constitutes the full and unconditional release of any future claims against [YOUR COMPANY NAME] related to the specified project. Furthermore, the Contractor assures that no further payments are due by the Client related to the described project upon completion and submission of this Waiver.
VI. Consent and Understanding
This Waiver is signed voluntarily by the Contractor with full understanding of its content. The Contractor acknowledges that they have had sufficient opportunity to consult with an attorney of their choice and have either chosen to do so or voluntarily declined.
VII. Binding Agreement
This Waiver is legally binding upon the Contractor, their successors, and assigns. Any modifications or revocations to this agreement are effective only when made in writing and signed by both parties.
VIII. Contractor Details
Contractor Name: [CONTRACTOR NAME]
License Number: [CONTRACTOR LICENSE]
Address: [CONTRACTOR ADDRESS]
Phone: [CONTRACTOR PHONE NUMBER]
Email: [CONTRACTOR EMAIL]
IX. Signature
The undersigned parties hereby attest that the information provided in this Waiver is accurate and consent to its terms freely and under no duress.
Contractor Signature
Date: [DATE]
Client Signature
Date: [DATE]
