This Waiver And Release Of Lien Upon Progress Payment form is for use by a corporate or LLC lienor to waive and release its 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.
The Lakeland Florida Waiver and Release of Lien Upon Progress Payment Form is an important legal document used in the construction industry. It is specifically designed for corporations or limited liability companies (LCS) involved in construction projects in Lakeland, Florida. This form is crucial for protecting the rights of parties involved in the project, including contractors, subcontractors, and suppliers. Keywords: Lakeland Florida, waiver and release of lien upon progress payment form, construction, mechanic liens, corporation, LLC. There are several types of Lakeland Florida Waiver and Release of Lien Upon Progress Payment forms applicable to different parties involved in construction projects. These forms help prevent potential disputes and ensure smooth progress of the project. The types of forms include: 1. General Contractor's Waiver and Release of Lien Upon Progress Payment (Corporation or LLC): — This form is typically used by the main contractor or construction company responsible for overseeing the entire project. It allows them to waive their right to place a lien on the property upon receiving progress payments. By signing this form, the general contractor confirms that they have been paid for the work completed and releases any potential claims or liens on the property. 2. Subcontractor's Waiver and Release of Lien Upon Progress Payment (Corporation or LLC): — This form is used by subcontractors who have been hired by the general contractor to perform specific work on the project. It serves the same purpose as the general contractor's form but is specific to subcontractors, allowing them to waive any claims or liens in exchange for receiving progress payments. 3. Supplier's Waiver and Release of Lien Upon Progress Payment (Corporation or LLC): — This form is utilized by suppliers who provide materials, equipment, or other goods required for the construction project. Suppliers can waive their right to file a lien on the property in exchange for receiving payment for the supplies provided. Signing this form releases any potential claims or liens on the property. These different types of Lakeland Florida Waiver and Release of Lien Upon Progress Payment forms are essential for maintaining transparency and ensuring that all parties involved in the construction project are protected. By having these forms in place, potential disputes and delays can be minimized, providing a smooth construction process.
