The Gainesville Florida Waiver And Release Of Lien Upon Final Payment Form is an essential legal document used in the construction industry. This form is specifically designed for corporations or limited liability companies (LCS) involved in construction projects in Gainesville, Florida. It serves as a mutual agreement between the contractor and the client, releasing the contractor from any further liability upon receiving final payment for their services. The purpose of this waiver and release form is to protect the client from potential mechanic liens that subcontractors or suppliers might file against the property. By signing this document, the contractor acknowledges that they have been paid in full for their work, and therefore, waive any rights to file a lien against the property. This ensures that the client can have clear title to the property without any encumbrances. Keywords: Gainesville Florida, waiver and release of lien upon final payment form, construction, mechanic liens, corporation, LLC. Different types of Gainesville Florida Waiver And Release Of Lien Upon Final Payment Form Constructionio— - Mechanic Liens - Corporation or LLC: 1. Standard Form: This is the most common type of waiver and release form used in construction projects. It includes all the necessary clauses and provisions to protect the interests of both parties involved. 2. Conditional Form: Sometimes, contractors might release a lien upon receiving payment, but with certain conditions. This conditional form allows for the release of the lien only after any specific conditions stated in the document are met. 3. Unconditional Form: In contrast to the conditional form, the unconditional waiver and release form allows for the immediate release of the lien upon final payment, without any additional conditions or requirements. 4. Partial Waiver Form: This form is used when the contractor agrees to release a part of their lien rights upon receiving a partial payment. It is typically used when the construction project spans over a longer duration, and multiple interim payments are made. 5. Final Payment Form: This version of the waiver and release form is applicable when the contractor receives the final payment for their services. It signifies the completion of the project and releases the contractor from any further obligations or liabilities. As with any legal document, it is crucial to consult with an attorney or legal professional to ensure that the Gainesville Florida Waiver And Release Of Lien Upon Final Payment Form meets all the legal requirements and protection for both parties involved.