The Unconditional Lien Waiver is commonly used in Singapore's construction and development sectors when a contractor, subcontractor, or supplier has received payment for their work or materials and needs to provide absolute assurance that they waive all rights to file a lien against the property. Unlike conditional waivers, this document confirms that payment has already been received and the waiver is immediately effective. The document is particularly important for property owners, developers, and general contractors who need to ensure clear title to their property and protect against future claims.
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Key Requirements PROMPT example:
Unconditional Lien Waiver
"Need an Unconditional Lien Waiver for our Singapore construction project, where ABC Construction Pte Ltd will waive all lien rights for payment received of SGD 2.5M for Phase 1 of the Marina Bay Commercial Development, with payment confirmed on March 15, 2025."
1. Project Identification: Details of the construction project or property including project name, address, and reference numbers
2. Waiving Party Information: Complete details of the party waiving their lien rights, including legal name, registration number, and address
3. Payment Acknowledgment: Confirmation of payment received, including amount, payment date, and payment method
4. Scope of Waiver: Specific rights being waived and extent of the waiver, including period covered and work included
5. Execution Block: Signature sections and witnessing requirements as per Singapore law
1. Conditional Provisions: Additional conditions that must be met for the waiver to be effective, used when partial waiver is intended
2. Reservation of Rights: Specific rights being retained by the waiving party, used when certain claims are to be preserved
3. Previous Payments: Reference to prior payments and partial waivers, used in progressive payment scenarios
1. Payment Details Schedule: Detailed breakdown of payments received, including dates, amounts, and payment references
2. Project Scope Schedule: Detailed description of work performed and materials supplied under the contract
3. Supporting Documents: List of attached invoices, receipts, or payment certificates referenced in the waiver
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