Nassau New York Waiver of Construction Lien is a legal document used in Nassau County, New York, to release and waive any future claims or rights to file a construction lien on a property. This waiver serves as a formal agreement between the contractor, subcontractor, or supplier (referred to as the "claimant") and the property owner or general contractor. There are two main types of Nassau New York Waiver of Construction Lien: 1. Conditional Waiver: This type of waiver is used when the claimant agrees to waive their right to file a construction lien upon receiving payment for the work or materials provided. However, this waiver is subject to the condition that the payment is successfully processed and not rejected. 2. Unconditional Waiver: An unconditional waiver is used when the claimant has already received full payment for their work or materials, and they waive all future rights to file a construction lien. Unlike the conditional waiver, the unconditional waiver does not depend on the payment being cleared or processed. Keywords: Nassau New York, Waiver of Construction Lien, legal document, Nassau County, New York, release, waive, future claims, construction lien, property, contractor, subcontractor, supplier, claimant, property owner, general contractor, conditional waiver, unconditional waiver.
Nassau New York Waiver of Construction Lien
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How to fill out Nassau New York Waiver Of Construction Lien?
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