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Lien Release Waiver
"I need a Lien Release Waiver for a final payment of CAD 250,000 for completed renovation work on a commercial property in Ontario, to be signed by March 15, 2025, with specific provisions for ensuring all subcontractors have been paid."
1. Identification of Parties: Full legal names and addresses of the waiving party (typically contractor/subcontractor/supplier) and the party receiving the waiver (typically owner/contractor)
2. Project Details: Description of the construction project, including project address and any relevant project numbers or identifiers
3. Work Description: Detailed description of the work, materials, or services provided by the waiving party
4. Payment Information: Statement of the amount received or to be received in consideration for the lien waiver
5. Waiver Statement: Express waiver language releasing rights to file or maintain any lien claims
6. Period Covered: Specific time period or portion of work covered by the waiver
7. Certification: Statement certifying all payments to subcontractors and suppliers have been made
8. Execution: Signature blocks, date, and witness requirements
1. Conditional Release Terms: Used when the waiver is conditional upon receipt of payment, specifying the conditions that must be met
2. Reservation of Rights: Used when certain rights are being preserved, such as retention amounts or unsettled claims
3. Multiple Property Release: Required when the waiver covers work on multiple properties or projects
4. Notarization Block: Added when notarization is required by jurisdiction or contract
5. Progress Payment vs. Final Payment: Specific language indicating whether this is a progress payment waiver or final payment waiver
6. Warranty Preservation: Section preserving warranty obligations when needed
1. Schedule A - Property Description: Detailed legal description of the property or properties involved
2. Schedule B - Payment Details: Breakdown of payments received and amounts waived
3. Schedule C - Subcontractor List: List of all subcontractors and suppliers covered by the waiver
4. Schedule D - Outstanding Claims: List of any preserved claims or disputed amounts
5. Appendix 1 - Supporting Documents: Copies of relevant invoices, payment confirmations, or other supporting documentation
Authors
Construction
Real Estate
Property Development
Infrastructure
Commercial Building
Residential Development
Industrial Construction
Engineering Services
Architecture
Building Materials
Legal
Operations
Construction Management
Contract Administration
Finance
Risk Management
Procurement
Project Management
Compliance
Document Control
Construction Manager
Project Manager
Contract Administrator
Legal Counsel
Construction Lawyer
Site Supervisor
Procurement Manager
Operations Director
Finance Manager
Risk Manager
Claims Manager
Development Manager
Property Manager
Construction Controller
Compliance Officer
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