Use This Form If:

• Individuals who are contractors or subcontractors in the construction industry may require this form to ensure they receive final payment while simultaneously waiving their rights to file a mechanic's lien. This protects their financial interests while providing assurance to the property owner.
• Situations requiring the release of a lien after final payment verification are common in construction projects. This form allows contractors to confirm that they have received payment before relinquishing any claims on the property.
• For those involved in construction disputes, this waiver serves as a tool to settle outstanding payments while maintaining the option to address any disputed sums. It ensures that all parties are clear about their financial obligations and rights.
• Property owners may use this form to ensure that all contractors and subcontractors have been paid before finalizing a project. By obtaining a signed waiver, they can protect themselves from future claims related to unpaid work.
• In instances where a contractor needs to release a stop order or bond, this form provides a structured approach to do so upon receiving final payment. It ensures that all legal obligations are met while facilitating the completion of the project.