The Broward Florida Waiver and Release of Lien Upon Final Payment Form is an essential document in the construction industry for both corporations and limited liability companies (LCS). This form allows contractors, subcontractors, and suppliers to release any potential lien rights they may have on a property upon final payment for their services or supplies. By signing this form, the party acknowledges that they have received full and final payment, effectively waiving any future claims to a lien. There are different types of Broward Florida Waiver and Release of Lien Upon Final Payment forms depending on the specific circumstances. Here are a few of the common types: 1. Broward Florida Waiver and Release of Lien Upon Final Payment Form for General Contractors — This form is used by general contractors who oversee and manage the overall construction project. It releases any potential lien rights upon receiving final payment from the property owner or project developer. 2. Broward Florida Waiver and Release of Lien Upon Final Payment Form for Subcontractors — Subcontractors, who perform specific tasks under the supervision of general contractors, use this form to release their lien rights upon final payment from the general contractor. 3. Broward Florida Waiver and Release of Lien Upon Final Payment Form for Suppliers — Suppliers of construction materials or equipment can utilize this form to waive their lien rights upon receiving final payment from the contractor or subcontractor they provided goods to. 4. Broward Florida Waiver and Release of Lien Upon Final Payment Form for Architects or Design Professionals — This form is specific to architects or design professionals who have contributed to the construction project. They can release any potential lien rights upon receiving final payment for their services. 5. Broward Florida Waiver and Release of Lien Upon Final Payment Form for Engineers — Engineers involved in the construction project can use this form to release their lien rights upon receiving final payment for their engineering services. It is crucial for all parties involved in a construction project in Broward, Florida, including corporations or LCS, to familiarize themselves with the appropriate Broward Florida Waiver and Release of Lien Upon Final Payment form relevant to their role. This document ensures that all lien rights are properly released upon receiving full payment, safeguarding the property owner from future legal complications.