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Mechanics Lien Waiver
"I need a Mechanics Lien Waiver for a partial payment of €500,000 received on March 15, 2025, for our Berlin office complex construction project, with provisions for protecting our rights regarding remaining outstanding payments."
1. Identification of Parties: Details of the Waiving Party (contractor/subcontractor) and the Beneficiary (property owner/general contractor), including full legal names, addresses, and registration details if applicable
2. Project Information: Specific details about the construction project, including address, project description, and contract reference numbers
3. Payment Confirmation: Acknowledgment of payments received, including specific payment amounts and dates
4. Waiver Declaration: Express waiver of the security interest rights under BGB § 647 and any other related claims
5. Scope of Waiver: Clear definition of what rights are being waived and for what time period (partial or full waiver)
6. Representations and Warranties: Confirmation that all subcontractors and suppliers have been paid and that the waiving party has the authority to execute the waiver
7. Governing Law: Confirmation that the waiver is governed by German law and references to relevant statutory provisions
8. Execution: Date and signature blocks for all parties
1. Conditional Clauses: To be included when the waiver is conditional upon certain events or future payments
2. Subcontractor Confirmation: Include when there are multiple tiers of contractors involved, confirming that lower-tier contractors have also waived their rights
3. Notarization Block: Include when notarization is required or requested by the parties
4. Reservation of Rights: Include when certain rights are specifically being preserved despite the general waiver
5. Translation Certificate: Include when the document needs to be bilingual or when official translation is required
1. Schedule A - Project Details: Detailed description of the construction project, including plans and specifications references
2. Schedule B - Payment History: Detailed breakdown of all payments received and outstanding amounts
3. Schedule C - Subcontractor List: List of all subcontractors and suppliers involved in the project, if applicable
4. Appendix 1 - Supporting Documents: Copies of relevant contracts, invoices, or payment confirmations
5. Appendix 2 - Power of Attorney: If the waiver is being signed by an authorized representative rather than the contractor directly
Authors
Construction
Real Estate
Property Development
Infrastructure
Commercial Building
Residential Development
Industrial Construction
Architecture and Engineering
Project Management
Facilities Management
Legal
Construction
Project Management
Finance
Procurement
Risk Management
Commercial
Operations
Contract Administration
Real Estate
Construction Manager
Project Manager
Legal Counsel
Contract Administrator
Construction Director
Real Estate Developer
Property Manager
Finance Manager
Claims Manager
Procurement Manager
Site Supervisor
General Counsel
Construction Lawyer
Risk Manager
Commercial Director
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