The Final Lien Release Form serves as a crucial document in U.S. construction projects, providing closure to the payment process between property owners and contractors. This document is typically executed when a contractor or supplier receives final payment for their work or materials. The form officially waives and releases any mechanic's lien rights the releasing party may have had against the property. State laws govern the specific requirements and format of lien releases, with some jurisdictions mandating statutory forms. The Final Lien Release Form should be obtained before making final payment to protect against future claims and ensure clear property title.
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1. Project Information: Details of the construction project including address and description
2. Parties: Identification of lien holder and property owner
3. Payment Acknowledgment: Confirmation of receipt of final payment amount
4. Release Statement: Formal waiver and release of lien rights
5. Signature Block: Execution section with notarization
1. Conditional Release Language: Additional language used when release is contingent upon payment clearing by check or other pending payment methods
2. Subcontractor Releases: Section acknowledging that all lower-tier subcontractors have also provided lien releases
3. Warranty Statement: Additional confirmation of completed work quality and compliance with contract requirements
1. Payment Schedule: Detailed breakdown of all payments received for the project
2. Project Scope: Detailed description of all work completed under the contract
3. Supporting Documents: Copies of original lien notices or claims being released
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