This is an official Washington form for use in land transactions, a Partial Waiver of Lien (with individual and representative acknowledgments).
The Vancouver Washington Partial Waiver of Lien — with individual and representative acknowledgments is a legal document that allows contractors or subcontractors in Vancouver, Washington to waive their right to file a lien against a property for the amount they have been paid or will be paid by the property owner or their representative. This type of waiver is typically used when the contractor or subcontractor has received partial payment for the work performed or materials supplied on a construction project. By signing this waiver, they acknowledge that they have been paid a specific amount and agree not to file a lien for that specific amount. There are different types of Vancouver Washington Partial Waiver of Lien — with individual and representative acknowledgments depending on the stage of the project and the amount of payment received. These may include: 1. Partial Conditional Waiver: This waiver is used when the contractor or subcontractor has received partial payment but is still owed additional funds. By signing this waiver, they acknowledge that they have received a specific amount but retain the right to file a lien for any remaining unpaid balance. 2. Partial Unconditional Waiver: In this case, the contractor or subcontractor has received partial payment and has no further outstanding balance. By signing this waiver, they acknowledge that they have been paid in full for the specific amount mentioned and waive their right to file a lien for that amount. Each waiver includes individual and representative acknowledgments. The individual acknowledgment is signed by the contractor or subcontractor themselves, while the representative acknowledgment is signed by an authorized representative of the contractor or subcontractor's company. These dual acknowledgments ensure that the waiver is legally binding and recognized by both parties involved in the construction project. It's important for contractors and subcontractors in Vancouver, Washington to understand the specific terms and conditions of the waiver before signing it. They should carefully review the language of the document, consult with legal counsel if needed, and ensure that they are comfortable with the payment amount mentioned and any other clauses outlined in the waiver.The Vancouver Washington Partial Waiver of Lien — with individual and representative acknowledgments is a legal document that allows contractors or subcontractors in Vancouver, Washington to waive their right to file a lien against a property for the amount they have been paid or will be paid by the property owner or their representative. This type of waiver is typically used when the contractor or subcontractor has received partial payment for the work performed or materials supplied on a construction project. By signing this waiver, they acknowledge that they have been paid a specific amount and agree not to file a lien for that specific amount. There are different types of Vancouver Washington Partial Waiver of Lien — with individual and representative acknowledgments depending on the stage of the project and the amount of payment received. These may include: 1. Partial Conditional Waiver: This waiver is used when the contractor or subcontractor has received partial payment but is still owed additional funds. By signing this waiver, they acknowledge that they have received a specific amount but retain the right to file a lien for any remaining unpaid balance. 2. Partial Unconditional Waiver: In this case, the contractor or subcontractor has received partial payment and has no further outstanding balance. By signing this waiver, they acknowledge that they have been paid in full for the specific amount mentioned and waive their right to file a lien for that amount. Each waiver includes individual and representative acknowledgments. The individual acknowledgment is signed by the contractor or subcontractor themselves, while the representative acknowledgment is signed by an authorized representative of the contractor or subcontractor's company. These dual acknowledgments ensure that the waiver is legally binding and recognized by both parties involved in the construction project. It's important for contractors and subcontractors in Vancouver, Washington to understand the specific terms and conditions of the waiver before signing it. They should carefully review the language of the document, consult with legal counsel if needed, and ensure that they are comfortable with the payment amount mentioned and any other clauses outlined in the waiver.
