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Lien waivers generally come in two forms: conditional and unconditional. In a nutshell, conditional lien waivers show how much money is owing through a particular date, and unconditional lien waivers show how much money has been paid for work through a particular date.

How to Fill Out an Unconditional Lien Waiver and Release on Final Payment FormName of Claimant. Name of Customer. Job Location. Owner. Exceptions. Contrary to the progress payment lien waivers, the final payment waivers of this type don't include exceptions by default.Claimant's Signature. Claimant's Title. Date of Signature.

A lien waiver revokes your right to file a lien, while a lien release removes the effectivity of your existing mechanics lien. A lien waiver only touches upon your right to file a mechanics lien. Once you sign a waiver, you forego your option to record a mechanics lien should a payment dispute arise down the line.

How to Fill Out an Unconditional Lien Waiver and Release on Final Payment FormName of Claimant. Name of Customer. Job Location. Owner. Exceptions. Contrary to the progress payment lien waivers, the final payment waivers of this type don't include exceptions by default.Claimant's Signature. Claimant's Title. Date of Signature.

A conditional lien waiver on final payment indicates that a claimant waives all rights to place a lien if all payments have been received as requested and no stopped payments or returned checks have been involved. This is the safest type of lien waiver for owners.

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.

In most states, lien waivers can be distinguished into 4 distinct types: Conditional Partial/Progress Waivers; Unconditional Partial/Progress Waivers; Conditional Final Waivers; and Unconditional Final Waivers.