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CONDITIONAL WAIVER AND RELEASE UPON PROGRESS PAYMENT (TEXAS) Project: Job No.: Upon receipt by the undersigned of a check from in the sum of DOLLARS ($ ) made payable to , and when the aforesaid check.

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How to fill out the CONDITIONAL WAIVER AND RELEASE UPON PROGRESS PAYMENT TEXAS online

Filling out the conditional waiver and release upon progress payment in Texas is an essential process for contractors, subcontractors, and suppliers in construction projects. This guide will provide you with a clear, step-by-step approach to ensure that you accurately complete this important document online.

Follow the steps to accurately complete the document.

  1. Click ‘Get Form’ button to access the form and open it in your editing platform.
  2. Begin by providing details about the project at the top of the form. Include the project name and job number.
  3. Next, input the name of the entity issuing the payment, followed by the amount in both numerical and written form, ensuring clarity.
  4. Fill in the name of the payee—this is the person or company to whom the payment is being made.
  5. Specify the property owner’s name and the property address where the work was performed.
  6. Clearly describe the job or services provided concerning the payment being released.
  7. Indicate any exclusions such as unpaid retention or pending modifications that apply to the work being released.
  8. At the bottom of the form, provide the date of completion, the name of the company, the authorized signature, and the title of the signatory.
  9. Complete the acknowledgment section as required, ensuring correct identification of whether the signer is an individual or a corporate representative.
  10. Finally, review all entries for accuracy, then save changes, download, print, or share the completed form as needed.

Complete your documents online today for a smooth and efficient process.

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This Texas final conditional waiver (also called a final conditional lien release) should be used when the final payment for a project is expected, but has yet to be received on a project. Signing this waiver signifies that no further payments are expected following the payment described in the waiver.

An unconditional release means no restrictions are imposed on the release of the lien. This type of lien release is typically used in final project documents to verify the project completion, payment finalization, and your release of all future rights to file liens on the project.

How to complete the Conditional Waiver and Release on Progress Payment form Name of Claimant. The claimant is the party receiving the payment — in other words, the one waiving their lien rights. ... Name of Customer. ... Job Location. ... Owner. ... Through Date. ... Maker of the Check. ... Amount of the Check. ... Check Payable To.

This Texas final conditional waiver (also called a final conditional lien release) should be used when the final payment for a project is expected, but has yet to be received on a project. Signing this waiver signifies that no further payments are expected following the payment described in the waiver.

Once an unconditional lien waiver is signed, it is fully effective and enforceable. While using an unconditional lien waiver will certainly protect your property, it won't guarantee that the signor actually receives payment, since unconditional waivers are typically enforceable even if signor never gets paid.

What is an unconditional release on final payment? The Unconditional Waiver and Release on Final Payment form is used when the claimant is required to execute a waiver in exchange for a final payment, and the claimant acknowledges that final payment has been received.

Conditional lien waivers become binding once there is evidence of payment being made. Unconditional lien waivers are binding once they're signed. However, Texas statute prohibits requesting an unconditional waiver before payment is actually made.

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