Use This Form If:

• Individuals who are subcontractors in the construction industry may need this form to ensure they receive payment for their work without the risk of future claims against the property. By signing the waiver, they can secure their progress payment while relinquishing any lien rights for that payment.
• Situations requiring a contractor to provide assurance to a property owner can benefit from this form. When a contractor submits a progress payment request, the unconditional waiver allows them to receive funds while confirming that they will not file a lien for the work completed up to that point.
• For those managing construction projects, utilizing this waiver can streamline payment processes. It provides a clear legal framework that protects both the contractor and the property owner, ensuring that payments are made promptly while minimizing disputes over unpaid labor or materials.
• When a supplier delivers materials to a construction site, they may require this form to secure their payment. By executing the waiver, they can release any potential claims against the property, thereby facilitating smoother transactions and maintaining good business relationships.
• Contractors who are concerned about cash flow can use this form to expedite payments. By agreeing to an unconditional waiver upon receiving progress payments, they can ensure that funds are available for ongoing project expenses without the threat of future claims.