The Conditional Waiver And Release On Final Payment is a critical document used in Indian construction and development projects to facilitate the final payment process while protecting the interests of all parties involved. It is typically executed when a contractor, subcontractor, or supplier is ready to receive their final payment for completed work or supplied materials. The document ensures that the releasing party maintains their lien and claim rights until the final payment is actually received, at which point the release becomes effective. Under Indian law, this document must comply with the Indian Contract Act, 1872, and other relevant legislation. It typically includes details about the project, the payment amount, the scope of the release, and any preserved claims. This type of waiver is particularly important in the Indian construction industry where projects often involve multiple stakeholders and complex payment structures.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the party providing the waiver (e.g., contractor/supplier) and the party receiving the waiver (e.g., owner/general contractor)
2. Background: Brief description of the project, original contract, and context for the final payment and waiver
3. Definitions: Key terms used in the document including 'Final Payment', 'Project', 'Contract', 'Claims', etc.
4. Final Payment Amount: Specific amount of the final payment that triggers this waiver and release
5. Conditional Nature of Waiver: Clear statement that the waiver and release only become effective upon receipt of the final payment
6. Scope of Waiver: Detailed description of what claims, rights, and liens are being waived upon receipt of payment
7. Exceptions and Reservations: Any specific claims or rights that are explicitly not being waived or released
8. Representations and Warranties: Statements confirming authority to execute the waiver and that no claims have been assigned to others
9. Governing Law: Specification that Indian law governs the document
1. Disputed Claims: Section to identify any disputed claims that are specifically excluded from the waiver - include when there are known disputes
2. Subcontractor Releases: Requirements for obtaining similar releases from subcontractors - include when dealing with a general contractor
3. Indemnification: Provisions for indemnifying the owner against future claims - include for higher-value projects
4. Notarization Requirements: Section specifying notarization details - include when required by project requirements or local practice
5. Previous Payments Acknowledgment: Confirmation of receipt of all previous payments - include when there's a complex payment history
1. Schedule A - Project Details: Detailed description of the project, including location, scope, and relevant contract numbers
2. Schedule B - Payment Details: Breakdown of the final payment amount and any previous payments
3. Schedule C - List of Subcontractors: List of all subcontractors and suppliers who have provided services or materials
4. Appendix 1 - Supporting Documents: Copies of relevant invoices, payment applications, or other supporting documentation
5. Appendix 2 - Form of Subcontractor Release: Template for required subcontractor releases if applicable
Authors
Relevant legal definitions
Clauses
Relevant Industries
Construction
Real Estate Development
Infrastructure
Engineering Services
Industrial Development
Commercial Development
Residential Development
Manufacturing
Energy and Utilities
Mining
Transportation
Relevant Teams
Legal
Finance
Project Management
Operations
Procurement
Risk Management
Commercial
Construction Management
Contract Administration
Development
Relevant Roles
Project Manager
Construction Manager
Contract Administrator
Legal Counsel
Finance Manager
Chief Financial Officer
Project Director
Site Supervisor
Procurement Manager
Risk Manager
Company Secretary
Operations Manager
Development Manager
Commercial Manager
Claims Manager
Find the exact document you need
Lien Release Letter For Vehicle
An Indian legal document that releases a lender's security interest in a vehicle after loan repayment, complying with Indian banking and motor vehicle regulations.
find out more
Labor And Material Release Form
An Indian law-compliant document that releases claims for labor performed and materials supplied on a project, confirming receipt of payment and protecting against future claims.
find out more
Home Lien Release
An Indian legal document that releases a lender's security interest in a residential property after debt satisfaction, subject to Indian property laws and registration requirements.
find out more
Full Unconditional Waiver Form
An Indian law-compliant document providing complete and unconditional release of claims or rights between parties, typically used in business and construction settlements.
find out more
Contractor's Final Affidavit And Release Of Lien
An Indian legal document combining a contractor's sworn statement of work completion and payment receipt with a formal release of all liens and claims against the property.
find out more
Bank Lien Release
An Indian law-governed document issued by a bank to formally release its security interest or lien over assets previously held as collateral.
find out more
Automobile Lien Release
An Indian legal document that releases a lender's security interest in a vehicle after complete loan repayment, compliant with the Motor Vehicles Act.
find out more
Waiver And Release On Final Payment
An Indian law-compliant document acknowledging final payment receipt and releasing all related claims between contracting parties.
find out more
Title Release From Bank
An Indian banking document that confirms the release of property documents and bank's charge following loan repayment, governed by Indian banking and property laws.
find out more
Release Of Lien Of Estate Tax
An Indian legal document that releases estate tax-related liens on property, confirming satisfaction of all tax obligations under Indian law.
find out more
Release Of Debt Form
An Indian legal document that formally releases a debtor from their obligation to repay a debt, compliant with the Indian Contract Act and related legislation.
find out more
Partial Lien Waiver (Construction)
An Indian legal document acknowledging partial payment in construction projects and waiving corresponding lien rights while preserving rights for unpaid work.
find out more
Lien Release Agreement
An Indian law-governed agreement that formally releases a lien or charge over property following debt satisfaction, complying with the Transfer of Property Act and related legislation.
find out more
Release Of Deed Of Trust Form
An Indian legal document that formally terminates a trust arrangement and releases trustees from their duties under Indian trust law.
find out more
Property Waiver Form
An Indian law-compliant document for voluntary relinquishment of property rights or claims, governed by Indian property and contract laws.
find out more
Lien Payoff Letter
An official document issued by an Indian lender stating the amount required to pay off a loan and release a property lien, in compliance with Indian banking and property laws.
find out more
Lien Waiver Release Form
An Indian legal document where a contractor or supplier waives their right to place a lien on property after receiving payment for work or materials, governed by Indian property and contract law.
find out more
Liability Release Statement
An Indian law-compliant legal document where one party waives their right to hold another party liable for potential injuries, damages, or losses related to specific activities or services.
find out more
Lien Release Letter From Bank
An official document issued by an Indian bank releasing its security interest in a property or asset, typically after loan repayment or obligation fulfillment.
find out more
Release Of Real Estate Mortgage
An Indian legal document that releases a property from mortgage after loan repayment, requiring registration under the Transfer of Property Act and state laws.
find out more
Partial Unconditional Lien Waiver
An Indian legal document that unconditionally waives a portion of construction lien rights in exchange for received payment while preserving rights for remaining unpaid work.
find out more
Mechanics Lien Release
An Indian law-compliant document that releases a contractor's or supplier's mechanics lien rights against a property, typically used after payment receipt.
find out more
Deed Of Trust Release
An Indian legal document that formally terminates a trust, releases trustees from their duties, and provides for final distribution of trust assets under Indian trust laws.
find out more
Vendor Lien Release Form
An Indian law-compliant document that formally releases a vendor's lien rights over property or goods following payment or settlement of obligations.
find out more
Unconditional Waiver Release Form
An Indian law-compliant document providing unconditional and irrevocable release of claims, rights, or causes of action between parties.
find out more
Unconditional Waiver And Release On Final Payment Form
An Indian law-compliant unconditional waiver form that releases all claims upon final payment for completed work or services.
find out more
Roofing Lien Release Form
An Indian legal document releasing a contractor's right to place a lien on property for roofing work, governed by the Indian Contract Act and state regulations.
find out more
Satisfaction And Release Of Lien
A legal document under Indian law that confirms payment satisfaction and formally releases a property lien, providing evidence that the lienor relinquishes all claims against the property.
find out more
Release And Reconveyance Of Deed Of Trust
An Indian legal document that releases a property from a deed of trust and returns full title to the borrower after loan satisfaction.
find out more
Release Of Lien On Real Property Form
An Indian legal document that removes a lien from property title, governed by the Transfer of Property Act and state property laws.
find out more
Release Of Lien And Affidavit
An Indian legal document combining a lien release with a sworn affidavit, used to formally release claims against property under Indian property and contract law.
find out more
Real Estate Lien Release
An Indian legal document that releases a creditor's claim on real estate property, governed by the Transfer of Property Act and state property laws.
find out more
Material Lien Waiver
An Indian law-compliant document where a material supplier waives their right to file a lien against a property in exchange for payment for supplied materials.
find out more
Lien Release Waiver
An Indian law-governed document that formally releases a lien holder's security interest or claim against a property, providing legal proof of the lien's discharge.
find out more
Lien Release Letter For Car
An Indian legal document that releases a lender's security interest in a vehicle after loan repayment, complying with the Motor Vehicles Act and related regulations.
find out more
Full Unconditional Lien Waiver
An Indian legal document that completely and unconditionally waives a party's right to file or maintain any liens against a property or project, typically used in construction and development projects.
find out more
Final Payment Lien Release Form
An Indian legal document where a contractor releases all liens and claims upon receiving final payment for construction work, governed by Indian contract and property law.
find out more
Discharge Of Lien Form
An Indian legal document that releases a lien holder's claim on property, governed by the Transfer of Property Act, 1882.
find out more
Contractor's Final Payment Affidavit Form
An Indian legal document where contractors swear to project completion and payment status, required for final payment release.
find out more
Conditional Waiver And Release Form
A legal document under Indian law that enables the conditional waiver of rights or claims upon fulfillment of specified conditions, typically used in construction and business transactions.
find out more
Conditional Lien Release Form
An Indian law-compliant document that conditionally releases a lien holder's rights against a property upon fulfillment of specified conditions, typically payment.
find out more
Affidavit And Waiver Of Lien
An Indian legal document combining a sworn statement and lien rights waiver, used to formally relinquish claims against property under Indian law.
find out more
Written Release Of Lien
An Indian legal document that formally releases a lien holder's claim against a property, governed by the Transfer of Property Act and related legislation.
find out more
Lien Release Statement
An Indian legal document that formally releases a lien holder's claims on property following debt satisfaction, governed by the Transfer of Property Act.
find out more
Title Lien Statement
An Indian law-compliant document that establishes and records a creditor's security interest in property, detailing the terms and conditions of the lien arrangement.
find out more
Supplier Lien Release
An Indian law-governed document that formally releases a supplier's lien rights upon receipt of payment or other consideration.
find out more
Construction Loan Lien Waiver
An Indian legal document where contractors waive their right to place liens on property in construction projects, typically used in conjunction with construction loans and payments.
find out more
Mechanics Lien Waiver Form
An Indian law-compliant document where contractors or suppliers waive their right to file a mechanics lien against a property in exchange for payment.
find out more
Waiver Of Claim
An Indian law-compliant document where a party formally surrenders their right to pursue specific legal claims against another party.
find out more
Partial Release Of Deed Of Trust
An Indian law-governed document that releases a specific portion of property from an existing deed of trust while maintaining security over the remaining property.
find out more
Lien And Claim Waiver
An Indian law-compliant document for waiving construction liens and claims against property, typically used upon payment receipt.
find out more
General Contractor Lien Release
An Indian legal document where a general contractor waives their right to place liens or make claims against a property after receiving payment for construction work.
find out more
Duplicate Lien Release
An Indian jurisdiction document that serves as a replacement for a lost or destroyed original lien release, providing legal certification of lien satisfaction and release.
find out more
Satisfaction Of Lien Document
An Indian legal document that formally releases a property from a lien after full payment or satisfaction of the underlying debt, requiring registration under Indian law.
find out more
Material Supplier Lien Waiver Form
An Indian law-compliant waiver form where material suppliers relinquish their right to place property liens in exchange for payment acknowledgment.
find out more
Supplier Lien Waiver
An Indian law-compliant document where a supplier formally waives their right to place a lien on property or goods for which they have provided materials or services.
find out more
Lien Waiver Affidavit
An Indian legal document where a contractor or supplier swears under oath that they waive their right to file a lien against a property after receiving payment for their services.
find out more
Final Waiver Of Lien And Contractor's Affidavit
An Indian legal document combining a contractor's final lien waiver and sworn affidavit, confirming receipt of all payments and waiving future lien rights under Indian law.
find out more
Lien Release Bond
An Indian law-governed bond instrument that enables property lien release by substituting the lien with a surety bond as alternative security.
find out more
Unconditional Lien Waiver Form
An Indian law-compliant document that unconditionally waives a party's right to place a lien on a property in exchange for payment received.
find out more
Mechanics Lien Release Form
An Indian legal document that releases a contractor's or supplier's right to claim a lien on property for construction work or materials provided, confirming payment receipt and waiving future claims.
find out more
Medical Lien Release Form
An Indian legal document that releases a medical lien upon payment or settlement of medical debts, governed by Indian contract and healthcare laws.
find out more
Title Lien Release
An Indian legal document that formally releases a lienholder's security interest in a property, compliant with Indian property law and registration requirements.
find out more
Mortgage Lien Release Document
An Indian legal document that officially releases a property from a mortgage lien after loan repayment, requiring registration under Indian property laws.
find out more
Lienholder Release Form
An Indian legal document that formally releases a lender's security interest or lien over property, following Indian property and contract law requirements.
find out more
Lien Satisfaction Letter
An Indian legal document confirming debt repayment and releasing a property lien, governed by the Transfer of Property Act and related legislation.
find out more
Landlord Lien Waiver
An Indian law-governed agreement where a landlord waives their rights to place liens on a tenant's personal property, primarily used to facilitate tenant financing arrangements.
find out more
Final Unconditional Lien Waiver
An Indian law-compliant document that unconditionally waives a contractor's or supplier's right to file a construction lien upon receipt of final payment.
find out more
Contractor's Final Release And Waiver Of Lien
An Indian law-compliant document where a contractor waives their right to place liens on property and releases claims upon receiving final payment for completed work.
find out more
Title Release Letter
An Indian legal document that formally relinquishes all rights and claims to a property title, governed by Indian property and contract laws.
find out more
Model Waiver Form
A standardized liability release document compliant with Indian law, used to obtain informed consent and waiver of rights from participants in various activities.
find out more
Labor Release Form
An Indian law-compliant document that formalizes employment termination and mutual release of obligations between employer and employee.
find out more
Contractor Waiver
An Indian law-governed document where an independent contractor waives specific rights and claims against the principal company while acknowledging their contractor status.
find out more
Release Of Lien On Real Property
An Indian legal document that releases a lien holder's claims against a specific property, governed by Indian property law and registration requirements.
find out more
Partial Conditional Lien Waiver
An Indian law-compliant document where a contractor conditionally waives lien rights for a specific portion of work upon receiving specified payment.
find out more
Interim Lien Waiver
An Indian legal document where contractors waive their lien rights for work completed and payments received to date, while preserving rights for unpaid and future work.
find out more
Vehicle Lien Release Form
An Indian legal document that releases a lender's security interest in a vehicle after loan repayment, compliant with the Motor Vehicles Act, 1988.
find out more
Title Release Form
An Indian legal document for transferring or relinquishing property title rights and interests, compliant with Indian property laws and registration requirements.
find out more
Mortgage Lien Release Form
An Indian legal document that releases a property from a mortgage lien after loan satisfaction, requiring registration under the Transfer of Property Act.
find out more
Mechanics Lien Waiver
An Indian legal document where contractors or suppliers waive their right to file a mechanics lien against a property in exchange for payment, governed by Indian property and contract law.
find out more
Contractor Lien Waiver Form
An Indian legal document where contractors waive their right to place property liens in exchange for payment, governed by Indian contract and property law.
find out more
Conditional Lien Release
An Indian law-compliant document that releases a property lien upon fulfillment of specified conditions, governed by the Transfer of Property Act, 1882.
find out more
Contractor Lien Waiver
An Indian law-compliant document where a contractor waives their right to place a lien on a property in exchange for payment for construction services.
find out more
Contractor Lien Release Form
An Indian law-compliant document that releases a contractor's right to place liens on property following payment for completed construction work.
find out more
Unconditional Lien Waiver
An Indian law-compliant Unconditional Lien Waiver that permanently relinquishes a contractor's or supplier's right to place a lien on a property in exchange for payment received.
find out more
Release Of Lien Document
An Indian law-compliant document that formally releases a lien holder's claim on a property, typically used after debt satisfaction or obligation fulfillment.
find out more
Conditional Waiver And Release On Final Payment
An Indian law-compliant conditional waiver document that releases claims and liens upon receipt of final payment, commonly used in construction and development projects.
find out more
Collateral Release Letter
An Indian law-governed document that formally releases security interests over assets previously pledged as collateral, typically issued by a lender to a borrower upon satisfaction of secured obligations.
find out more
Unconditional Lien Release Form
A legally binding document under Indian law that unconditionally releases a lien holder's claims against a property upon payment receipt.
find out more
Contractor Waiver And Release Form
An Indian law-compliant document that formalizes the release of claims and liabilities between a contractor and hiring entity upon work completion.
find out more
Conditional Release Form
An Indian law-governed document that releases claims or obligations subject to specific conditions being met, structured under the Indian Contract Act.
find out more
Conditional Lien Waiver
An Indian law-compliant document where a party conditionally waives their lien rights upon meeting specific conditions, typically payment receipt in construction projects.
find out more
Construction Material Release Form
An Indian law-compliant document that officially records and authorizes the transfer of construction materials between parties, ensuring quality and regulatory compliance.
find out more
Partial Lien Release
An Indian legal document that releases a specified portion of property from an existing lien while maintaining the lien on the remaining property, subject to Indian property laws and registration requirements.
find out more
Final Waiver Of Lien Form
An Indian law-compliant document where a contractor or supplier waives their right to place a lien on a property after receiving payment for services or materials.
find out more
Partial Lien Waiver
An Indian legal document where a contractor partially waives lien rights for work completed and paid for, while preserving rights for unpaid work under Indian property law.
find out more
Lien Release Letter
An Indian legal document that formally releases a lien holder's security interest in property or assets, confirming debt satisfaction and compliance with Indian property laws.
find out more
Waiver And Release Of Lien
An Indian legal document that releases a party's right to place or maintain a lien on a property, commonly used in construction and development projects under Indian property law.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)