Renton Washington Unconditional Waiver and Release of Claim of Lien Upon Final Payment

• Category: Washington Liens - Construction - Mechanics
• State: Washington
• City: Renton
• Control #: WA-11-09
• Format: Word; Rich Text

Description

This Unconditional Waiver and Release of Claim of Lien Upon Final Payment form is for use by a lienor in consideration of final payment to waive and release his or her lien and right to claim a lien for labor, services or materials furnished through a certain date to a customer on the job of an owner of property.

The Renton, Washington Unconditional Waiver and Release of Claim of Lien Upon Final Payment is a legal document that plays a crucial role in construction projects, ensuring the smooth release of lien rights by contractors, subcontractors, suppliers, or laborers upon receiving final payment. This detailed description sheds light on the various types of Renton Washington Unconditional Waiver and Release of Claim of Lien Upon Final Payment, providing clarity and relevance to individuals involved in the construction industry. In Renton, Washington, contractors, subcontractors, suppliers, and laborers are aware of the importance of obtaining final payment for completed services in the construction sector. The Renton Washington Unconditional Waiver and Release of Claim of Lien Upon Final Payment acts as a legal instrument that confirms the full and final settlement between parties involved in the project, thus releasing the claimant's rights to file or maintain a lien. The Renton Washington Unconditional Waiver and Release of Claim of Lien Upon Final Payment typically contains key information such as project details, parties involved, payment amounts, and relevant dates. It is important to note that there might be different types of this waiver, depending on the specific circumstances of the construction project. Some common types are: 1. Unconditional Waiver and Release of Claim of Lien Upon Final Payment: This type of waiver is used when all parties have received their final payment for services rendered, indicating the completion of the project. By signing this waiver, the claimant unequivocally and unconditionally releases any further claim or right to file a lien upon the property. 2. Conditional Waiver and Release of Claim of Lien Upon Final Payment: Unlike the unconditional version, this type of waiver is utilized when parties have received final payment, but with certain conditions attached. These conditions could include issues like clearance of checks, confirmed deposit, or the payment's validity. Signing this waiver demonstrates a temporary release of lien rights, subject to the fulfillment of the specified conditions. 3. Partial Unconditional Waiver and Release of Claim of Lien Upon Final Payment: In cases where partial payments have been made, this waiver is employed by claimants. By signing this document, the claimant relinquishes their lien rights for the completed payment portion without waiving their rights for any outstanding amounts. 4. Partial Conditional Waiver and Release of Claim of Lien Upon Final Payment: Similar to the partial unconditional waiver, this waiver is used when a claimant receives partial payment but wishes to retain the right to file a lien for any remaining unpaid amount. This waiver explicitly specifies the partial payment received while allowing for future lien rights if necessary. By understanding the different Renton Washington Unconditional Waiver and Release of Claim of Lien Upon Final Payment types and their implications, contractors, subcontractors, suppliers, and laborers can confidently navigate the complex legalities involved in construction project payments. Ensuring proper documentation while effectively addressing lien rights can protect the interests of all parties involved and facilitate successful project completion.

Law summary