Document background
The Partial Lien Waiver is a crucial document in Belgian construction projects that helps manage payment risks and protect property interests. It is typically used when a contractor, subcontractor, or supplier receives partial payment for work completed or materials supplied, and needs to provide assurance that they waive their lien rights for the paid portion while maintaining rights for unpaid amounts. Under Belgian law, this document must comply with the Civil Code, the Act on Security Interests, and specific construction regulations. The waiver includes essential information such as project details, payment amount received, date of payment, scope of work covered, and any reservations of rights. It serves as both a receipt of payment and a legal waiver of certain rights, making it an important risk management tool in construction projects.
