This Waiver And Release Of Lien Upon Progress Payment form is for use by an individual lienor to waive and release his or her lien and right to claim a lien for labor, services or materials furnished through a specific date to a customer on the job of the owner of property.
Miami-Dade Florida Waiver And Release Of Lien Upon Progress Payment Form is a crucial legal document designed for the construction industry and individual contractors in Miami-Dade County, Florida. This form is primarily used to release any potential lien rights a contractor or subcontractor may have against a property owner upon receiving partial payment for construction services. By signing this waiver and release form, the contractor confirms that they have received the agreed-upon progress payment and forfeit their right to file a mechanic's lien on the property. Key phrases associated with Miami-Dade Florida Waiver And Release Of Lien Upon Progress Payment Form include: 1. Miami-Dade County: Refers to the specific county in Florida where this form is applicable. 2. Waiver and Release: Implies the act of giving up rights or claims in exchange for payment. 3. Lien upon progress payment: Highlights the condition under which the lien will be released. 4. Construction: Signifies the form's relevance to the construction industry. 5. Mechanic Liens: Relates to the legal claim a contractor or subcontractor has on a property for unpaid work. 6. Individual: Specifies that this form is for use by individual contractors. Different types of the Miami-Dade Florida Waiver And Release Of Lien Upon Progress Payment Form may include: 1. Conditional Waiver and Release: This type of waiver is used when the progress payment is received but may still be subject to review or verification before finalization. 2. Unconditional Waiver and Release: This waiver is used when the payment is received and the contractor or subcontractor has no further claims or rights to the amount paid. 3. Partial Waiver and Release: Applicable when only a portion of the progress payment is received, indicating that the waiver only covers the amount received and not the full contract balance. 4. Final Waiver and Release: Used when the entire contract amount has been paid, releasing the contractor or subcontractor from any further lien rights. 5. Progress Payment Form: Refers to the document used to record the partial payment made during the construction project. 6. Mechanic's Lien Release Form: A form used to release any previously claimed mechanic's lien rights on a property. 7. Construction Payment Release Form: A legal document that signifies the release of lien rights upon receiving payment for construction services. In summary, the Miami-Dade Florida Waiver And Release Of Lien Upon Progress Payment Form is a vital legal agreement in the construction industry, allowing contractors and subcontractors to release their lien rights upon receiving partial payment. It is available in various types, including conditional, unconditional, partial, and final waivers, catering to different payment circumstances during a construction project.
Miami-Dade Florida Waiver And Release Of Lien Upon Progress Payment Form is a crucial legal document designed for the construction industry and individual contractors in Miami-Dade County, Florida. This form is primarily used to release any potential lien rights a contractor or subcontractor may have against a property owner upon receiving partial payment for construction services. By signing this waiver and release form, the contractor confirms that they have received the agreed-upon progress payment and forfeit their right to file a mechanic's lien on the property. Key phrases associated with Miami-Dade Florida Waiver And Release Of Lien Upon Progress Payment Form include: 1. Miami-Dade County: Refers to the specific county in Florida where this form is applicable. 2. Waiver and Release: Implies the act of giving up rights or claims in exchange for payment. 3. Lien upon progress payment: Highlights the condition under which the lien will be released. 4. Construction: Signifies the form's relevance to the construction industry. 5. Mechanic Liens: Relates to the legal claim a contractor or subcontractor has on a property for unpaid work. 6. Individual: Specifies that this form is for use by individual contractors. Different types of the Miami-Dade Florida Waiver And Release Of Lien Upon Progress Payment Form may include: 1. Conditional Waiver and Release: This type of waiver is used when the progress payment is received but may still be subject to review or verification before finalization. 2. Unconditional Waiver and Release: This waiver is used when the payment is received and the contractor or subcontractor has no further claims or rights to the amount paid. 3. Partial Waiver and Release: Applicable when only a portion of the progress payment is received, indicating that the waiver only covers the amount received and not the full contract balance. 4. Final Waiver and Release: Used when the entire contract amount has been paid, releasing the contractor or subcontractor from any further lien rights. 5. Progress Payment Form: Refers to the document used to record the partial payment made during the construction project. 6. Mechanic's Lien Release Form: A form used to release any previously claimed mechanic's lien rights on a property. 7. Construction Payment Release Form: A legal document that signifies the release of lien rights upon receiving payment for construction services. In summary, the Miami-Dade Florida Waiver And Release Of Lien Upon Progress Payment Form is a vital legal agreement in the construction industry, allowing contractors and subcontractors to release their lien rights upon receiving partial payment. It is available in various types, including conditional, unconditional, partial, and final waivers, catering to different payment circumstances during a construction project.