Conditional Final Waiver of Lien Upon Payment
The Conditional Final Waiver of Lien Upon Payment template is a completely editable Microsoft Excel spreadsheet. Once purchased this form can be downloaded directly to your personal or business computer and is yours for unlimited usage.
Definition: Conditional Final Waiver of Lien Upon Payment – Use this form when the claimant is required to sign a lien waiver in exchange for, or in order to, induce a final payment, and the claimant has not yet been paid. This release is only binding if there is evidence of payment to the claimant. Evidence of payment may be demonstrated by:
- The claimant’s endorsement on a single check or a joint check that has been paid by the bank upon which it was drawn; or
- Written acknowledgment of payment given by the claimant.