Document background
The Lien Waiver Form is a critical document in Philippine construction and development projects, designed to protect the interests of both property owners and contractors. It is typically used at various stages of a construction project, particularly when payments are made for completed work or materials supplied. The document serves as evidence that a contractor, subcontractor, or supplier has received payment and consequently waives their right to file a mechanic's lien against the property. Under Philippine law, these forms must comply with the Civil Code and relevant construction regulations. The Lien Waiver Form can be either conditional (taking effect only when payment is received) or unconditional (immediately effective), and may cover either partial payments during the project or final payment upon completion. It includes essential information such as project details, payment amounts, property description, and specific rights being waived.
