The Contractor's Final Release And Waiver Of Lien Form is a crucial document used at the completion of construction projects across Canadian jurisdictions. It is typically executed when the contractor has completed all work and is receiving or has received final payment. The document serves multiple purposes: it confirms receipt of payment, waives future lien rights, releases claims against the property owner, and often includes statutory declarations regarding payment to subcontractors and suppliers. This form must comply with specific provincial/territorial construction lien legislation, such as Ontario's Construction Act or Alberta's Builders' Lien Act, and may require notarization. It's an essential tool for ensuring clean title to the property and protecting owners from future construction-related claims.
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1. Project Identification: Details of the construction project including address, project name, and any relevant contract numbers
2. Party Identification: Full legal names and addresses of the contractor providing the release and the party receiving it
3. Payment Acknowledgment: Specification of the amount received or to be received as consideration for the release
4. Scope of Release: Detailed description of the rights, claims, and liens being waived and released
5. Representations and Warranties: Contractor's confirmation that all subcontractors and suppliers have been paid
6. Execution Requirements: Signature blocks, witness requirements, and notarization provisions
1. Conditional Release Provisions: Used when the release is conditional upon receipt of final payment
2. Reservation of Rights: Include when certain claims or rights need to be explicitly preserved
3. Subcontractor Confirmation: Added when explicit confirmation of subcontractor payments is required
4. Holdback Release: Include specific provisions for releasing holdback amounts when applicable
5. Insurance Claims Waiver: Added when release of insurance-related claims is required
6. Progressive Release Provisions: Used for projects with multiple phases or progressive releases
1. Schedule A - Project Details: Detailed description of the project scope and contract references
2. Schedule B - Payment Details: Breakdown of payments received and final payment amounts
3. Schedule C - Subcontractor List: List of all subcontractors and suppliers with confirmation of payments
4. Appendix 1 - Supporting Documentation: Copies of relevant permits, certificates, or other supporting documents
5. Appendix 2 - Statutory Declaration: Standard form statutory declaration as required by applicable construction lien legislation
Relevant legal definitions
Contract
Contractor
Owner
Project
Property
Work
Contract Price
Final Payment
Holdback
Lien
Construction Lien Rights
Claims
Improvement
Substantial Performance
Completion
Payment Certificate
Subcontractor
Supplier
Services
Materials
Release Date
Construction Period
Contract Documents
Statutory Declaration
Consideration
Liens and Claims
Progress Payment
Site
Certification of Completion
Warranty Period
Contractor
Owner
Project
Property
Work
Contract Price
Final Payment
Holdback
Lien
Construction Lien Rights
Claims
Improvement
Substantial Performance
Completion
Payment Certificate
Subcontractor
Supplier
Services
Materials
Release Date
Construction Period
Contract Documents
Statutory Declaration
Consideration
Liens and Claims
Progress Payment
Site
Certification of Completion
Warranty Period
Clauses
Project Identification
Party Details
Payment Acknowledgment
Lien Release
Waiver of Claims
Representations and Warranties
Release of Rights
Payment Confirmation
Statutory Compliance
Further Assurance
Governing Law
Attestation
Notarization
Execution
Holdback Release
Subcontractor Confirmation
Indemnification
Authority
Severability
Entire Agreement
Party Details
Payment Acknowledgment
Lien Release
Waiver of Claims
Representations and Warranties
Release of Rights
Payment Confirmation
Statutory Compliance
Further Assurance
Governing Law
Attestation
Notarization
Execution
Holdback Release
Subcontractor Confirmation
Indemnification
Authority
Severability
Entire Agreement
Relevant Industries
Commercial Construction
Residential Construction
Industrial Construction
Infrastructure Development
Real Estate Development
Mining
Oil and Gas
Healthcare Facilities
Educational Institutions
Retail Development
Hospitality and Tourism
Municipal Development
Relevant Teams
Legal
Construction Management
Project Development
Finance
Risk Management
Real Estate
Procurement
Operations
Contract Administration
Project Controls
Relevant Roles
Construction Project Manager
Contract Administrator
Legal Counsel
Property Developer
Construction Site Supervisor
Chief Financial Officer
Risk Manager
Claims Manager
Corporate Counsel
Real Estate Manager
Development Director
Project Coordinator
Construction Accountant
Procurement Manager
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