Form 18 - Lien Waiver Affidavit Final by Contractor 2025

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A lien waiver is an agreement by a claimant to forgo the right to assert a mechanics lien or payment bond claim on a construction project in exchange for payment. In some cases, these waivers also serve to confirm that payments have been made or received up to a certain date.
In its simplest form, a lien waiver is a document used to release a lien on a property when a contractor or supplier is paid for services or goods that have been rendered. In the U.S., construction companies and material suppliers have the right to place a lien on the property they work on or supply materials to.
A conditional lien waiver lists the amount owed during the period, and is effective upon actual receipt of payment. An unconditional lien waiver lists the amount already paid through the waivers date and is effective immediately upon signing.
Progress payments state the amount of payment made in exchange for the waiver to date. While final payment waiver will waive all lien rights associated with the project. Both conditional and unconditional lien waivers are allowed, but conditional is viewed as the safer option.
Contractor affidavits protect project owners and financing companies reassuring them that all debts for the project have been paid. In some states, they must be sent to project owners before filing a lien or lawsuit for nonpayment, so make sure you know if this is the case in your state.
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Identify the type of lien waiver. Provide project information. Identify the parties involved. Specify the payment amount. Add the date and signature. Retain a copy. Mass apply them to bills/POs.
The First American Final Waiver of Lien Contractors is a legal document used to indicate that a contractor or subcontractor has received full payment for their work on a construction project, thus waiving their right to file a lien against the property.

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