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Waiver Of Lien To Date
"I need a Waiver of Lien to Date for a completed residential construction project in Mumbai, where our company has received full payment of INR 2.5 crores as of March 15, 2025, and we want to release all lien rights up to this date."
1. Project Identification: Details of the construction project including project name, address, and any relevant project numbers
2. Party Information: Complete identification of the waiving party (contractor/subcontractor) and the party receiving the waiver (owner/contractor)
3. Payment Acknowledgment: Specific acknowledgment of payments received to date, including the amount and date of the last payment
4. Waiver Statement: Express waiver language releasing lien rights for work completed and materials furnished up to a specific date
5. Execution Block: Signature blocks with notarization section
1. Conditional Waiver Clause: Used when the waiver is contingent upon receipt of a specific payment
2. Reservation of Rights: Used when the contractor wants to preserve lien rights for unbilled or disputed work
3. Third Party Rights: Used when there's a need to address the rights of subcontractors or suppliers
4. Warranty of Authority: Used when the signing party is representing an entity, warranting their authority to execute the waiver
1. Schedule A - Project Details: Detailed description of the project scope and location if too extensive for main document
2. Schedule B - Payment History: Itemized list of all payments received to date if multiple payments are involved
3. Schedule C - Outstanding Claims: List of any preserved claims or disputed amounts if applicable
Authors
Construction
Real Estate Development
Infrastructure
Commercial Property
Industrial Development
Residential Development
Healthcare Construction
Educational Facilities
Hospitality
Retail Development
Legal
Construction Management
Project Management
Finance
Procurement
Risk Management
Commercial Operations
Real Estate Operations
Contract Administration
Construction Project Manager
Contract Administrator
Legal Counsel
Property Developer
Construction Site Manager
Procurement Manager
Finance Manager
Real Estate Manager
Project Director
Commercial Manager
Risk Manager
Claims Manager
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