The Conditional Final Waiver of Lien Rights is typically used at the completion of construction projects in England and Wales when final payment is pending. It provides assurance to property owners that no further claims will be made once payment is received, while protecting the contractor's rights until payment is made. Although the jurisdiction doesn't have a formal mechanic's lien system, this document addresses similar rights under English law, including contractual retentions and equitable liens. It should specify the project details, payment amount, and precise conditions that must be met for the waiver to take effect.
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1. Date and Parties: Identifies the date of waiver and all relevant parties
2. Project Information: Details of the construction project including address and contract reference
3. Payment Details: Specific amount being paid and payment reference
4. Waiver Statement: Express waiver of rights conditional upon payment
5. Conditions: Specific conditions that must be met for waiver to become effective
1. Retained Rights: Specifies any rights specifically retained, used when certain claims need to be preserved
2. Third Party Rights: Addresses rights of third parties, used when other parties might have interests
3. Previous Payments: Reference to prior payments, used in complex payment situations
1. Payment Schedule: Detailed breakdown of payment amounts and dates
2. Project Documents: Reference to relevant contract documents and variations
3. Supporting Evidence: Proof of completion of works or delivery of materials
Relevant legal definitions
Project
Contract
Property
Payment Amount
Completion Date
Waiver Effective Date
Works
Retention
Contractor
Owner
Site
Contract Documents
Payment Application
Claim
Lien Rights
Final Payment
Conditional Waiver
Construction Contract
Principal Contractor
Subcontractor
Payment Notice
Completion Certificate
Contract Sum
Outstanding Balance
Waiver Period
Related Rights
Practical Completion
Contract Reference Number
Contract
Property
Payment Amount
Completion Date
Waiver Effective Date
Works
Retention
Contractor
Owner
Site
Contract Documents
Payment Application
Claim
Lien Rights
Final Payment
Conditional Waiver
Construction Contract
Principal Contractor
Subcontractor
Payment Notice
Completion Certificate
Contract Sum
Outstanding Balance
Waiver Period
Related Rights
Practical Completion
Contract Reference Number
Clauses
Identification of Parties
Project Description
Payment Terms
Waiver Statement
Conditioning Events
Scope of Waiver
Retained Rights
Release of Claims
Representations and Warranties
Acknowledgment of Payment
Governing Law
Severability
Entire Agreement
Authority to Execute
Notice Requirements
Third Party Rights
Dispute Resolution
Execution
Attestation
Assignment
Amendment
Construction Contract Reference
Property Description
Consideration
Project Description
Payment Terms
Waiver Statement
Conditioning Events
Scope of Waiver
Retained Rights
Release of Claims
Representations and Warranties
Acknowledgment of Payment
Governing Law
Severability
Entire Agreement
Authority to Execute
Notice Requirements
Third Party Rights
Dispute Resolution
Execution
Attestation
Assignment
Amendment
Construction Contract Reference
Property Description
Consideration
Relevant Industries
Relevant Teams
Relevant Roles
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