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Final Unconditional Lien Waiver
"I need a Final Unconditional Lien Waiver for a commercial building project in Amsterdam, where our company (ABC Construction B.V.) has received final payment of €2.5 million on March 15, 2025, from XYZ Developers N.V., and we need to waive all lien rights relating to the project."
1. Project Identification: Details of the specific project, property, or work to which the lien waiver relates, including address and project reference numbers
2. Parties: Full legal identification of the waiving party (typically contractor/subcontractor) and the beneficiary party (typically property owner/general contractor)
3. Payment Acknowledgment: Confirmation of receipt of payment, including the specific amount received and payment date
4. Waiver Statement: Clear and unequivocal statement waiving all lien rights related to the project, including any rights under Dutch Civil Code Book 3, Title 10
5. Scope of Waiver: Detailed description of what claims and rights are being waived, including specification of work periods and services covered
6. Authority Statement: Declaration that the signing party has the authority to execute the waiver on behalf of the waiving entity
7. Execution: Signature block with date and formal execution requirements under Dutch law
1. Retained Rights: Section specifying any rights explicitly retained by the waiving party, used when certain claims or rights are intentionally excluded from the waiver
2. Additional Certifications: Additional statements certifying payment to subcontractors or suppliers, used when required by the beneficiary party
3. Prior Rights Acknowledgment: Recognition of any previous partial waivers or releases, used when there is a series of related waivers
4. Governing Law: Explicit statement of Dutch law application, used in international projects or when dealing with foreign parties
1. Schedule A - Payment Details: Detailed breakdown of payments received, including dates, amounts, and payment methods
2. Schedule B - Project Scope: Detailed description of work performed and materials supplied that are covered by the waiver
3. Appendix 1 - Supporting Documents: Copies of relevant payment proofs, invoices, or other supporting documentation
4. Appendix 2 - Corporate Authority: Evidence of signatory's authority (such as power of attorney or board resolution), when required
Authors
Construction
Real Estate
Infrastructure Development
Commercial Property
Industrial Development
Residential Development
Engineering
Architecture
Manufacturing
Energy
Telecommunications
Legal
Finance
Operations
Project Management
Procurement
Risk Management
Commercial
Construction Management
Contract Administration
Development
Project Manager
Construction Manager
Contract Administrator
Legal Counsel
Finance Director
Development Manager
Property Manager
Procurement Manager
Site Supervisor
Operations Director
Risk Manager
Claims Manager
Commercial Manager
Chief Financial Officer
General Counsel
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