The Palm Beach Florida Waiver and Release of Lien upon Final Payment Form is a crucial document in the construction industry that helps protect the rights and interests of contractors, subcontractors, and suppliers. This form is specifically designed for individual entities involved in construction projects, including contractors, subcontractors, and suppliers. The purpose of this waiver and release form is to acknowledge that all outstanding payments, including retain age, have been made in full, thus releasing any claimed liens or encumbrances on the property. By signing this form, the individual waives their right to file a lien or claim against the property in the future. There are different versions of the Palm Beach Florida Waiver and Release of Lien upon Final Payment Form depending on the role of the individual involved. These versions include: 1. Contractor Waiver and Release of Lien upon Final Payment Form: This form is used by the primary contractor completing the construction work. By signing this document, the contractor affirms that they have received full payment for the completed work and releases any rights to file a lien against the property. 2. Subcontractor Waiver and Release of Lien upon Final Payment Form: This form is used by subcontractors who have been hired by the primary contractor to perform specific tasks. The subcontractor acknowledges receipt of full payment for their work and waives their lien rights. 3. Supplier Waiver and Release of Lien upon Final Payment Form: This form is used by material suppliers who have provided goods or materials to the construction project. By signing this document, the supplier confirms that they have been paid in full and relinquishes any potential liens on the property. It is essential for all individuals involved in a construction project to use the appropriate Palm Beach Florida Waiver and Release of Lien upon Final Payment Form to protect their rights and ensure timely payment. Failing to use this form could result in potential legal disputes or delays in receiving payment.