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Final Waiver Of Lien

Final Waiver Of Lien Template for Singapore

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Key Requirements PROMPT example:

Final Waiver Of Lien

"I need a Final Waiver of Lien for a completed residential construction project in Singapore, where my company received the final payment of SGD 2.5M on January 15, 2025, and I want to ensure we include specific language about retaining rights for disputed variation works."

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Document background
A Final Waiver of Lien is a critical document in Singapore's construction and development sector, used when a contractor or supplier has received complete payment for their work or materials. This document provides legal certainty by permanently waiving the right to file a lien against the property. Under Singapore law, particularly SOPA, this waiver serves as definitive evidence that all payment obligations have been met and that the contractor relinquishes any future claims related to the work performed. The Final Waiver of Lien typically includes detailed project information, payment confirmation, and must be properly executed to be legally binding.
Suggested Sections

1. Identification of Parties: Full legal names and addresses of the waiving party and the party receiving the waiver

2. Project Details: Specific description of the project, property address, and contract reference

3. Payment Confirmation: Confirmation of payment amount received and payment date

4. Waiver Statement: Express waiver of lien rights and claims

5. Execution Block: Signature blocks, dates, and witness provisions

Optional Sections

1. Conditional Clauses: Used when waiver is contingent on specific conditions being met

2. Reservation of Rights: Used when certain rights need to be preserved despite the waiver

3. Prior Lien Releases: Reference to previous partial waivers when applicable

Suggested Schedules

1. Payment Schedule: Detailed breakdown of payments received and outstanding amounts

2. Project Documentation: Relevant contract documents, permits, or certificates

3. Authorization Documents: Corporate resolutions or power of attorney if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























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Industries

Building and Construction Industry Security of Payment Act (SOPA): Primary legislation governing payment claims and security of payment in the construction industry. Establishes rights for progress payments and provides the framework for lien rights in construction projects.

Contract Law Act (Cap. 53): Governs the basic principles of contract formation and enforcement, ensuring the waiver is legally binding.

Companies Act (Cap. 50): Important for dealings with corporate entities and verifying authority to execute the waiver.

Building Control Act: Relevant if the lien relates to construction work and ensures compliance with building regulations.

Bankruptcy Act and Insolvency, Restructuring and Dissolution Act 2018: Critical for considerations regarding parties facing financial difficulties and affects the validity and enforceability of the waiver.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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