Texas Unconditional Waiver and Release of Lien on Final Payment by an Individual Claimaint

• Category: Construction - Liens
• State: Texas
• Control #: TX-08-09
• Format: Word; Rich Text

Description Texas Unconditional Lien Release Form

This form is used by an individual in a situation where the claimant is required to execute a waiver and release in exchange for or in order to induce payment of a final payment and the claimant asserts in the waiver that it has been paid the final payment.

Texas Unconditional Waiver and Release of Lien on Final Payment by an Individual Claimant is a legal document used in Texas to release a claim to payment from an individual claimant. This document is used when the claimant has received final payment from the mayor, and is waiving any right to further payment or claim to any lien. It is also used to protect the mayor from any future claims from the claimant. There are two types of Texas Unconditional Waiver and Release of Lien on Final Payment by an Individual Claimant: 1. Statutory Form: This form is available from the Texas Department of Insurance and is based on the Texas Property Code. It includes a description of the lien being released and a signature line for the claimant. 2. Non-Statutory Form: This form is not provided by the Texas Department of Insurance and is not based on the Texas Property Code. It includes an acknowledgement of the payment received, a description of the lien being released, and a signature line for the claimant.