Texas Guide: Partial Conditional Lien Waiver and Release 2025

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  1. Click ‘Get Form’ to open the Texas Guide: Partial Conditional Lien Waiver and Release in the editor.
  2. Begin by filling out the Vendor Information section. Enter your Company Name, Sub Invoice Number, Address, Sub Invoice Date, Email (required), City, State, Zip, Contact Phone, Date Signed Contract Returned, Fax, and Date Insurance Certificate Submitted.
  3. Next, complete the Project Information section. Input the Teamwrkx Job Number, Project Name, Teamwrkx Contract Number, Address, City State Zip, and Teamwrkx Project Manager.
  4. Proceed to the Accounts Receivable Information section. Fill in the Original/Base Contract Amount and any approved Change Orders. Calculate the Total Revised Contract Amount by adding these values.
  5. Continue by detailing Total Work Completed/Stored to Date as a percentage and dollar amount. Deduct any Previously Billed amounts to find the Total Gross Amount Due This Period.
  6. Finally, calculate Less Retention (10%) and determine the Net Amount This Period after applying any Early Payment Discounts if applicable.

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Every lender has different requirements for approving a partial release. Some may require additional payments to adjust the loan-to-value ratio, while others might need specific documentation or approvals. Always start by consulting your lender to understand their process.
A form of waiver and release to unconditionally discharge a mechanics or a materialmans lien under the Texas Property Code that can be used for both progress payments and final payments for services rendered or materials delivered during a construction project.
A Partial Lien Waiver, in the construction industry, refers to a legal document drafted to provide assurance to a payer that a contractor, subcontractor or materials supplier has received specified payments and waives its right to place a lien on the construction project to the extent of received payments.
A partial release of lien only releases a specific piece of property from a recorded state tax lien. To receive a partial release of lien, you must provide documentation to prove theres not enough money to pay off all of our state tax lien(s).
A partial release in real estate can occur when a lender agrees to release the lien on a portion of a property. Reasons for a partial release include selling a portion of the land and subdividing the land for development.
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A final lien waiver removes all the rights to place a lien from the issuer, while a partial lien waiver removes the rights to place a lien against a portion of the property.
Texas Property Code, Section 53.284, prescribes statutory language for Waiver and Release of Lien or Payment Bond Claims. Waivers for claims under a PRIME CONTRACT signed AFTER January 1, 2021, DO NOT need to be docHubd. Waivers for claims under a PRIME CONTRACT signed BEFORE January 1, 2021, MUST be docHubd.

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