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Washington Unconditional Waiver and Release of Claim of Lien Upon Progress Payment

State:
Washington
Control #:
WA-09-09
Format:
Word; 
Rich Text
Instant download

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Overview of this form

The Unconditional Waiver and Release of Claim of Lien Upon Progress Payment form is a legal document that allows a lienor to waive their right to file a lien on a property in exchange for payment for services rendered or materials supplied up to a certain date. This form is used to protect property owners and contractors by ensuring that all payments are acknowledged, and that no future claims can be made for the work completed or materials supplied before the specified date. Unlike conditional waivers, which are contingent upon receipt of payment, this form offers immediate release of any lien claims.


What’s included in this form

  • Parties involved: Identification of the lienor and customer.
  • Payment amount: The specific sum for which the waiver is granted.
  • Date range: The date through which labor, services, or materials have been provided.
  • Property description: Detailed information about the property related to the lien.
  • Signature: An acknowledgment of the waiver by the lien holder, confirming intent.
  • Notarization section: Required for official validation of the document.
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State law considerations

The Unconditional Waiver and Release of Claim of Lien Upon Progress Payment can be used in multiple states. However, it is important to verify local laws for any specific requirements regarding the format or additional clauses that may need to be included, particularly regarding notarization or additional wording that may be necessary for enforcement.

Common use cases

This form is typically used when a contractor or supplier has completed a portion of work or delivered materials for a construction project and has received a progress payment. It serves to formally release the property owner from any claims related to unpaid amounts for that specific phase of work, ensuring that the property owner can proceed without fear of future lien claims for those services or materials up to the specified date.

Who can use this document

  • Contractors who have provided labor or materials and received a progress payment.
  • Suppliers of construction materials seeking to secure their financial transactions.
  • Property owners wanting to clear any potential lien claims as they make payments.

Completing this form step by step

  • Identify the parties: Clearly enter the names of the lienor and customer.
  • Specify the payment amount: Fill in the sum that the lienor is receiving.
  • Enter the effective date: Indicate the last day for which services or materials were provided.
  • Describe the property: Provide detailed information about the property that is subject to the lien.
  • Sign the form: The lien holder must sign and date the document, and a notary must witness the signature.

Does this form need to be notarized?

To make this form legally binding, it must be notarized. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session.

Mistakes to watch out for

  • Failing to include all required parties' names and addresses.
  • Not specifying the correct payment amount or date range.
  • Missing a signature or failing to get the document notarized when required.

Advantages of online completion

  • Convenience of accessing and downloading the form immediately.
  • Editability allows for easy customization to meet specific needs.
  • Reliability in ensuring that the form is drafted according to current legal standards.

What to keep in mind

  • The Unconditional Waiver and Release of Claim of Lien Upon Progress Payment protects both contractors and property owners.
  • This form must be completed correctly to ensure enforcement and validity.
  • Understanding when to use this form is crucial for preventing future disputes over payments.

Form popularity

FAQ

Signing an unconditional lien waiver is enforceable even before you get paid. This means that if you sign an unconditional lien waiver before receiving the money and the property owner ends up not paying up, you have already waived your lien rights because you signed the unconditional lien waiver.

Name of Claimant. This is the name the party to be paid, and the party who will be signing the lien waiver document. Name of Customer. Job Location. Owner. Exceptions. Claimant's Signature. Claimant's Title. Date of Signature.

A lien waiver is quite common in the construction business. Essentially, it is a document from a contractor, subcontractor, supplier, or another party who holds a mechanic's lien that states they have been paid in full and waive future lien rights to the disputed property.

It basically states that you've paid the subcontractor what is owed, they accept the payment in full, and they waive the right to put a lien on your property. Simply present this form to the subcontractor with your payment and ask them to sign it. Make sure you get their signature!

An "Unconditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date with no stipulations. A "Conditional Waiver and Release Upon Progress Payment" discharges all claimant rights through a specific date, provided the payments have actually been received and processed.

If they don't, you can remove the lienholder by visiting a vehicle licensing office and providing: A completed Release of Interest form, with the notarized signature of the lienholder. or The current Washington title with a releasing signature from the lienholder.

The main purpose of a lien waiver is to provide protection to the paying party. In exchange for such payment, the lien waiver waives the payee's right to file a lien for the exact value of the payment they have received.

When you financed your car in Washington, a lien was put on your vehicle's title. It will remain there through the life of your auto loan, and once you've completed making payments, you can have it removed through the Washington State Department of Licensing (DOL).

A lien release is a document that is filed in the public land records as the official notice that the lien is removed. Once payment has been received, a contractor has a duty to remove any lien that was filed against the property.

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Washington Unconditional Waiver and Release of Claim of Lien Upon Progress Payment