Supplier Lien Waiver - England and Wales

Supplier Lien Waiver for the United Kingdom

Supplier Lien Waiver Template for England and Wales

A Supplier Lien Waiver is a legal document under English and Welsh law where a supplier formally relinquishes their right to place or maintain a lien on property or goods in relation to supplied materials, services, or works. This document provides protection to property owners and general contractors by ensuring that suppliers cannot make future claims against the property or goods, typically in exchange for payment or other consideration. It is commonly used in construction and manufacturing contexts to maintain clear title and prevent encumbrances.

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What is a Supplier Lien Waiver?

The Supplier Lien Waiver serves as a critical risk management tool in commercial transactions governed by English and Welsh law. This document is typically required when suppliers have delivered goods or services and are receiving payment, ensuring they cannot subsequently claim liens against the property or goods. The waiver is particularly important in construction projects, manufacturing contracts, and supply chain arrangements where multiple parties have potential lien rights. A properly executed Supplier Lien Waiver helps maintain clear title to property and prevents future disputes over payment or ownership rights.

What sections should be included in a Supplier Lien Waiver?

1. Parties: Identification of supplier and beneficiary of the lien waiver

2. Background: Context of the supply relationship and existing liens

3. Definitions: Key terms including 'Lien', 'Goods', 'Services', 'Payment'

4. Waiver Declaration: Express waiver of lien rights

5. Consideration: Statement of consideration for the waiver

6. Governing Law: Specification of English and Welsh law

What sections are optional to include in a Supplier Lien Waiver?

1. Conditional Waiver Provisions: Used when the waiver is subject to specific conditions such as payment or other requirements that must be met before waiver takes effect

2. Reservation of Rights: Section specifying any rights that are specifically retained and not waived

3. Third Party Rights: Provisions regarding the rights of third parties affected by the waiver

What schedules should be included in a Supplier Lien Waiver?

1. Schedule of Goods/Services: Detailed list of goods or services covered by the waiver

2. Payment Schedule: Details of payments received or due in relation to the waiver

3. Project Details: Specific project information if waiver relates to construction or specific project work

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Letter Of Lien Release

A formal document under English and Welsh law that releases a security interest or lien held over property or assets.

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What is a Supplier Lien Waiver?

What sections should be included in a Supplier Lien Waiver?

What sections are optional to include in a Supplier Lien Waiver?

What schedules should be included in a Supplier Lien Waiver?

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Alex Denne

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