Material Supplier Lien Waiver Form for India

Material Supplier Lien Waiver Form Template for India

A Material Supplier Lien Waiver Form is a legal document used in Indian construction and development projects to waive the right of a material supplier to place a lien on a property for supplied materials. Operating under Indian contract law and property legislation, this document serves as a formal acknowledgment that payment has been received or will be received for materials supplied to a construction project, and in exchange, the supplier relinquishes their right to file a lien against the property. The document must comply with the Indian Contract Act, 1872, and relevant state-specific construction laws, while also adhering to local registration and stamp duty requirements where applicable.

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What is a Material Supplier Lien Waiver Form?

The Material Supplier Lien Waiver Form is a crucial document in Indian construction projects that protects property owners and contractors while ensuring proper payment processing for material suppliers. This document becomes necessary when materials have been supplied to a construction project and payment is being processed or has been completed. It serves as evidence that the supplier has received or will receive payment and agrees to waive their right to file a lien against the property. The form must comply with Indian contract law, particularly the Indian Contract Act, 1872, and state-specific construction regulations. It typically includes details of the project, materials supplied, payment information, and specific waiver language. The document is particularly important in large construction projects where multiple suppliers are involved and clear documentation of payment and lien waiver is essential for project completion and property title clarity.

What sections should be included in a Material Supplier Lien Waiver Form?

1. Parties: Identification of the material supplier (lien waiver provider) and the party receiving the waiver (typically the contractor or owner)

2. Project Information: Details of the construction project including project name, address, and any relevant project numbers or identifiers

3. Payment Information: Specific details about the payment received or to be received, including amount, date, and payment method

4. Waiver Statement: The core legal language waiving lien rights, clearly stating what rights are being waived and to what extent

5. Affirmation of Payment: Statement confirming receipt of payment or expected payment and that all suppliers and subcontractors have been or will be paid

6. Execution: Signature block with date, witness requirements, and notarization section

What sections are optional to include in a Material Supplier Lien Waiver Form?

1. Conditional Waiver Language: Used when the waiver is conditional upon receipt of payment, including specific conditions that must be met

2. Reservation of Rights: Section preserving certain rights, used when the waiver is partial or when certain claims are being preserved

3. Previous Payment Reconciliation: Used in progress payment waivers to reconcile previous payments and current payment status

4. Exceptions and Exclusions: Details of any specific claims, retainage, or rights that are excluded from the waiver

5. State-Specific Notices: Required statutory notices or language specific to the governing state law

What schedules should be included in a Material Supplier Lien Waiver Form?

1. Schedule A - Payment Details: Detailed breakdown of the payment amount, including any previous payments and current payment

2. Schedule B - Materials List: Itemized list of materials supplied for which the lien rights are being waived

3. Schedule C - Project Details: Comprehensive project information including legal description of the property

4. Appendix 1 - Proof of Payment: Copies of checks, payment confirmations, or other evidence of payment received

5. Appendix 2 - Authorization Documentation: Corporate resolutions or other documentation proving signatory authority

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Document Type

Release of Lien

Cost

Free to use
Relevant Industries

Construction

Real Estate Development

Infrastructure

Manufacturing

Industrial Development

Commercial Real Estate

Residential Development

Engineering Services

Building Materials

Construction Materials Supply

Relevant Teams

Legal

Procurement

Construction Management

Finance

Accounts Payable

Project Management

Supply Chain

Compliance

Operations

Contract Administration

Relevant Roles

Construction Manager

Project Manager

Procurement Manager

Contract Administrator

Legal Counsel

Construction Site Supervisor

Supply Chain Manager

Materials Manager

Chief Financial Officer

Accounts Payable Manager

Property Developer

Construction Company Owner

Real Estate Manager

Compliance Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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