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Lien Waiver For Construction Work
"I need a Lien Waiver For Construction Work for a residential development project in Manila, where I'm the general contractor releasing lien rights upon receiving the final payment of 5 million PHP for completed work on March 15, 2025."
1. Parties: Identification of the contractor/subcontractor (the party waiving the lien) and the property owner/general contractor (the party receiving the waiver), including their complete legal names and addresses
2. Background: Brief description of the construction project, reference to the original contract, and the context in which the waiver is being provided
3. Definitions: Key terms used in the waiver, including 'Project', 'Property', 'Contract', 'Lien Rights', and 'Payment Amount'
4. Payment Acknowledgment: Statement acknowledging receipt of payment and specifying the amount received
5. Waiver and Release: Core section detailing the specific lien rights being waived and the scope of the release
6. Property Description: Legal description of the property for which the lien rights are being waived
7. Representations and Warranties: Statements confirming the waiving party's authority to execute the waiver and that no assignment of lien rights has occurred
8. Execution: Signature blocks, notarization requirements, and date of execution
1. Conditional Waiver Provisions: Used when the waiver is conditional upon receipt of payment, specifying the conditions that must be met for the waiver to take effect
2. Reservation of Rights: Include when the waiving party needs to reserve certain rights, such as claims for retainage, unbilled changes, or disputed claims
3. Indemnification: Added when additional protection is needed for the party receiving the waiver against future claims
4. Subcontractor Confirmation: Include when confirmation is needed that all subcontractors and suppliers have been paid
5. Governing Law: Include when there are multiple jurisdictions involved or when specific reference to Philippine law is required
1. Schedule A - Project Details: Detailed description of the construction project, including project name, location, and contract reference numbers
2. Schedule B - Payment Details: Breakdown of payments received, including current payment and any previous payments
3. Schedule C - Subcontractor List: List of all subcontractors and suppliers covered by the waiver, if applicable
4. Appendix 1 - Supporting Documents: Copies of relevant payment receipts, contractor's license, and other supporting documentation
Authors
Construction
Real Estate Development
Infrastructure
Commercial Property
Residential Property
Industrial Construction
Civil Engineering
Architecture
Property Management
Building and Construction Materials
Legal
Construction Management
Project Management
Finance
Operations
Procurement
Risk Management
Commercial
Development
Contract Administration
Claims Management
Construction Manager
Project Manager
Contract Administrator
Legal Counsel
Property Developer
Site Supervisor
Procurement Manager
Chief Financial Officer
Construction Director
Project Coordinator
Claims Manager
Risk Manager
Commercial Director
Development Manager
General Contractor
Subcontractor Manager
Finance Director
Legal Director
Operations Manager
Construction Administrator
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