This Conditional Waiver and Release of Lien Upon Final Payment form is for use by an individual lienor to waive and release his or her lien and right to claim a lien for labor, services or materials furnished in consideration of final payment. This waiver is conditional upon the lienor receiving final payment for his or her work, and if funds are not received, the waiver is void.
A Jacksonville Florida Conditional Waiver and Release of Lien Upon Final Payment — Individual is a legal document that is commonly used in the construction industry to protect the rights of contractors, subcontractors, and suppliers. It is an essential tool for ensuring that individuals are paid for their work or materials provided on a construction project. This type of waiver serves as a guarantee that the individual will release their right to file a lien against the property owner's assets once final payment has been made. By signing this document, the individual is essentially acknowledging that they have been paid in full and have no further claim or interest in the property. There are different types of Jacksonville Florida Conditional Waiver and Release of Lien Upon Final Payment — Individual that may be used depending on the specific circumstances of the construction project. These include: 1. Partial Conditional Waiver and Release of Lien: This type of waiver is used when a partial payment has been made for the work or materials provided. It indicates that the individual has received a portion of the payment and is waiving their right to file a lien for that specific amount. 2. Final Conditional Waiver and Release of Lien: This waiver is used when the final payment has been made, and the individual is confirming that they have received full payment for their work or materials. By signing this document, they are relinquishing their right to file a lien against the property owner. 3. Final Unconditional Waiver and Release of Lien: This waiver is similar to the Final Conditional Waiver and Release of Lien, but it differs in that it does not contain any conditions or contingencies. Once signed, the individual is acknowledging that they have received final payment and are releasing their right to file a lien without any conditions attached. It is important for individuals involved in construction projects in Jacksonville, Florida, to understand the specific terms and conditions of the waiver they are signing. The waiver should explicitly state the amount of payment received, any conditions or contingencies, and the effective date of the waiver. It is advisable to review this document with legal counsel to ensure that all rights are protected and that the waiver is valid and enforceable.
