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Waiver And Release Of Lien
"I need a Waiver and Release of Lien for a completed office renovation project in Jakarta, where our company (PT Konstruksi Utama) has received full payment of IDR 2.5 billion from the property owner (PT Pacific Properties) and we want to release all lien rights as of March 15, 2025."
1. Parties: Identification of all parties involved - the lien holder (contractor/subcontractor/supplier) and the property owner or general contractor
2. Background: Context of the original contract, work performed, and the lien rights that arose
3. Definitions: Key terms used in the document including 'Lien', 'Property', 'Work Performed', 'Contract Price', and other relevant terms
4. Acknowledgment of Payment: Confirmation of the amount received and that it represents payment in full or agreed partial payment
5. Waiver and Release: Express waiver and release of all lien rights related to the work performed
6. Property Description: Detailed legal description of the property subject to the lien waiver
7. Representations and Warranties: Statements confirming the signatory's authority and that no assignment of lien rights has occurred
8. Governing Law: Specification that Indonesian law governs the document
9. Execution: Formal signing requirements including date and witness provisions
1. Conditional Release Provisions: Used when the release is conditional upon receipt of payment, specifying the conditions that must be met
2. Subcontractor Confirmation: Include when there are subcontractors involved, confirming all subcontractor payments have been made
3. Notarization Requirements: Include when the document needs to be notarized for additional legal certainty
4. Partial Release Provisions: Used when the release applies only to a specific portion of work or specific time period
5. Indemnification: Include when additional protection is needed against future claims
6. Reservation of Rights: Used when certain rights need to be preserved despite the general release
1. Schedule A - Property Description: Detailed legal description of the property including certificates, boundaries, and registration details
2. Schedule B - Payment Details: Breakdown of payments received and reconciliation with contract amounts
3. Schedule C - Work Description: Detailed description of the work performed that is subject to the lien release
4. Appendix 1 - Supporting Documents: Copies of relevant invoices, payment receipts, and other supporting documentation
5. Appendix 2 - Original Lien Documentation: Copies of any filed lien notices or claims being released
Authors
Applicable Law
Claim
Contract Price
Contract Works
Contractor
Effective Date
Encumbrance
Final Payment
Lien
Lien Rights
Owner
Partial Release
Party/Parties
Payment Amount
Payment Period
Project
Property
Release Date
Retained Amount
Security Interest
Services
Subcontractor
Supplier
Waiver
Work Performed
Project Site
Materials
Construction Contract
Progress Payment
Release of Lien Rights
Property Description
Scope of Work
Representations and Warranties
Payment Confirmation
Authority to Execute
Governing Law
Dispute Resolution
Severability
Entire Agreement
Further Assurances
Indemnification
Conditional Release
Notarization Requirements
Binding Effect
Assignment
Notices
Amendments
Counterparts
Construction
Real Estate
Infrastructure Development
Commercial Property
Industrial Development
Residential Development
Manufacturing
Energy
Mining
Telecommunications
Legal
Construction Management
Project Management
Finance
Procurement
Compliance
Property Management
Risk Management
Contract Administration
Construction Manager
Project Director
Legal Counsel
Contract Administrator
Property Manager
Site Supervisor
Procurement Manager
Finance Director
Real Estate Developer
Construction Company Owner
Claims Manager
Risk Manager
Compliance Officer
Property Development Manager
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