A lien or right to claim a lien may be waived by agreement. A waiver of a lien should be in writing, and the writing should plainly show that the claimant or potential claimant clearly and knowingly intended to waive the lien or right to a lien.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Los Angeles California Waiver of Mechanic's or Construction Lien is a legal document used in the construction industry to release or waive a contractor or subcontractor's right to file a mechanic's or construction lien on a property in Los Angeles, California. This waiver is typically used when a contractor or subcontractor has been paid in full for their work or services. A Los Angeles California Waiver of Mechanic's or Construction Lien is an essential tool in protecting the property owner from future claims and potential legal disputes. It is important for both parties involved in a construction project to understand the different types of waivers available to them. Below are three different types of waivers commonly used in Los Angeles, California: 1. Conditional Waiver and Release Upon Progress Payment: This type of waiver is used when a contractor or subcontractor has received a progress payment for their work. By signing this waiver, they acknowledge that they have been paid and waive their right to a lien up to the date of the payment. However, this waiver is considered conditional and only covers work done up to the specified date. 2. Unconditional Waiver and Release Upon Progress Payment: Similar to the conditional waiver, this type of waiver is used when a contractor or subcontractor has received a progress payment. However, the key difference is that this waiver is considered unconditional, meaning it is not dependent on any future events or payments. By signing this waiver, the contractor or subcontractor is releasing their right to a lien up to the specified date, regardless of any outstanding payments. 3. Conditional Waiver and Release Upon Final Payment: This type of waiver is used when a contractor or subcontractor has received their final payment for the completed work. By signing this waiver, they acknowledge that they have been paid in full and waive their right to a lien up to the date of the final payment. Just like the conditional waiver upon progress payment, this waiver is also considered conditional and only covers work done up to the specified date. It is important for all parties involved in a construction project to carefully review and understand the specific wording and conditions stated in each waiver. A Los Angeles California Waiver of Mechanic's or Construction Lien serves as a crucial legal document to protect the property owner and promote transparency and fair dealings in the construction industry.
