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The Unconditional Lien Release Form is a critical document in Nigerian construction and real estate transactions, used when a contractor, subcontractor, or supplier has received payment for their work or materials and is ready to permanently waive their lien rights. This document is typically required before final payment is released or as part of progress payments in construction projects. It provides property owners and developers with assurance that no future claims will be made against the property for the work or materials covered by the release. The form must comply with Nigerian property law requirements and should be properly executed to ensure its enforceability. It's commonly used in both private and commercial construction projects and serves as important documentation for project completion and payment processes.

1. Project Identification: Details of the construction project or property, including full legal description and project name

2. Parties: Identification of the releasing party (lien claimant) and the party receiving the release (usually the property owner or contractor)

3. Payment Acknowledgment: Statement acknowledging receipt of payment and specifying the amount received

4. Unconditional Release Statement: Clear and unequivocal language waiving and releasing all lien rights related to the work performed

5. Scope of Release: Description of the work, services, or materials covered by the release

6. Execution: Signature block with date, witness requirements, and notarization section