Utah Waiver and Release Upon Final Payment - Corporation
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This Waiver and Release Upon Final Payment form is for use by a corporate lien claimant who is required to execute a waiver and release in exchange for or to induce the payment of a final billing to provide information, including the property name, the property location and description, the customer, the invoice/payment application number, and the payment amount. This waiver becomes effective to release and the lien claimant is considered to waive any notice of lien or right under Utah Code Ann., Title 38, Chapter 1, Mechanics' Liens, or any bond right under Utah Code Ann., Title 14, Contractors' Bonds, or Section 63G-6-505 related to payment rights the lien claimant has on the property once the lien claimant endorses a check in the referenced payment amount payable to the lien claimant, and the check is paid by the depository institution on which it is drawn.
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