The Final Unconditional Lien Waiver is a crucial document in U.S. construction projects that provides definitive confirmation that a contractor, subcontractor, or supplier has received full payment and waives all rights to file a mechanics lien against the property. This document is typically used at the completion of a project or phase when final payment has been received. It offers property owners and general contractors protection against future lien claims and is often required for project closeout. The unconditional nature means the waiver is effective immediately upon signing, making it a powerful but potentially risky document for the waiving party.
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1. Project Information: Details of the construction project, including address and project name
2. Parties: Identification of the waiving party and the party receiving the waiver
3. Payment Amount: Specific amount received in exchange for the waiver
4. Waiver Statement: Clear statement waiving and releasing any lien rights
5. Signature Block: Space for signature, date, and notary if required
1. Through Date: Specific date through which the waiver applies, used when needed to limit scope
2. Exception Claims: List of any claims specifically excluded from the waiver, used when certain claims are being preserved
3. Contract Reference: Reference to specific contract or agreement, used when multiple contracts exist
1. Payment Schedule: Detailed breakdown of payments received, if multiple payments are involved
2. Project Scope: Description of work completed, used in complex projects
3. Supporting Documents: List of related documents such as payment receipts or prior conditional waivers
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