This is a sample Unconditional Lien Waiver Upon Final Payment. Use this form when the claimant is required to sign a waiver and release in exchange for, or in order to, induce a final payment and the claimant asserts in the waiver that he or she has received the final payment.
Once it's signed, you generally can’t take it back. It’s like sealing a deal; once it’s done, it’s done!
While it's not mandatory to have a lawyer, it's often a smart move to consult one. They'll help you make sure everything's in order, so you don’t find yourself in a pickle later on.
You should provide this waiver when you’ve received the final payment and everything is wrapped up. It's like tying up loose ends!