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This wa 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 in the state of wa. Signing this waiver signifies that no further payments are expected following the payment described in the waiver.
Conditional Lien Release Washington State State law in Washington requires the property owner to sign and file a lien release upon receipt of the amount due or demand for the amount due. The property owner can pursue legal action for delivery of the lien release if the other party does not provide it voluntarily.
Request a Release-of-Lien Form ? After paying off the balance of your debt in full, the creditor will file a release-of-lien form. This will act as evidence that the debt has been paid and will formally release the lien from your property.
?Upon payment and acceptance of the amount due to the lien claimant and upon demand of the owner or the person making payment, the lien claimant shall immediately prepare and execute a release of all lien rights for which payment has been made, and deliver the release to the person making payment.