This is a sample Conditional 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 you sign a Conditional Waiver and receive payment, it’s usually a done deal. It’s hard to take back what you’ve already given up, like trying to unring a bell.
Typically, the contractor or subcontractor who completed the work signs it. Think of it as a receipt for a job well done.
No, they’re different. A Conditional Waiver takes effect once you receive the final payment, while an Unconditional Waiver means you give up your rights to file a lien outright, no strings attached.
A Conditional Lien Waiver Upon Final Payment is a legal document that gives up the right to file a lien against a property, as long as the final payment for work done has been received.
Trusted and secure by over 3 million people of the world’s leading companies
Mesa Arizona Conditional Lien Waiver Upon Final Payment