The Unconditional Waiver And Release On Final Payment is a critical document used in Pakistani business transactions, particularly in construction and development projects, when a final payment is being made to conclude a contractual relationship. It serves as a definitive legal instrument that protects the paying party from future claims once the final payment has been made and received. The document is governed by Pakistani contract law, including the Contract Act 1872 and related statutes, and must comply with local registration and stamp duty requirements. It is typically used at the completion of a project or service contract when all work has been completed and verified, and all payments, including any retained amounts, are being released. The unconditional nature of the waiver means that once executed, it is immediately effective upon receipt of payment, unlike conditional waivers that may depend on future events or conditions.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies and defines all parties to the waiver, including the party providing the waiver (typically a contractor or supplier) and the party receiving the waiver (typically the property owner or prime contractor)
2. Background: Brief context about the project or work performed, reference to the original contract, and statement that final payment has been requested
3. Definitions: Defines key terms used in the document, including 'Final Payment', 'Project', 'Claims', and other relevant terms
4. Acknowledgment of Payment: Formal acknowledgment of the receipt of final payment, including the specific amount received
5. Waiver and Release: Core section stating the unconditional waiver of all claims, liens, and rights related to the project upon receipt of final payment
6. Representations and Warranties: Statements confirming that all subcontractors and suppliers have been paid and that the waiving party has the authority to execute the waiver
7. Governing Law: Specifies that Pakistani law governs the waiver and its interpretation
8. Execution: Signature block with date and witness provisions as required under Pakistani law
1. Exceptions to Waiver: Include when there are specific claims or rights that are intentionally excluded from the waiver
2. Conditional Provisions: Include when certain aspects of the waiver are subject to specific conditions being met
3. Indemnification: Include when additional protection is needed regarding third-party claims
4. Dispute Resolution: Include when parties want to specify a particular method for resolving any future disputes about the waiver
5. Retention Release: Include when there are specific provisions about the release of retained amounts
1. Schedule A - Project Details: Detailed description of the project, including location, scope of work, and relevant contract numbers
2. Schedule B - Payment Details: Breakdown of the final payment amount, including any previous payments and retained amounts
3. Schedule C - List of Released Claims: Itemized list of all claims, liens, and rights being waived
4. Appendix 1 - Supporting Documents: Copies of relevant payment receipts, certificates, or other supporting documentation
Find the exact document you need
Lien Release Letter For Vehicle
A formal document under Pakistani law that releases a lender's security interest in a vehicle, confirming full payment of the associated loan and enabling clear vehicle ownership transfer.
Download
Contractor Lien Release
A Pakistani legal document where a contractor acknowledges payment and releases rights to file liens against a property, governed by local construction and property laws.
Download
Release Of Lien Of Estate Tax
A Pakistani legal document that releases an estate tax lien after satisfaction of tax obligations, issued by the Federal Board of Revenue.
Download
Lien Removal Request Letter
A formal request document used in Pakistan's legal framework to seek the removal of a property lien, typically submitted to the lienholder after debt satisfaction or dispute resolution.
Download
Mechanics Lien Release
A legal document under Pakistani law that releases a contractor's or supplier's right to place a lien on a property for unpaid work or materials.
Download
Lien Release Waiver
A legal document under Pakistani law that releases a lien holder's claim against property, requiring formal execution and potential registration with authorities.
Download
Lien Release Letter For Car
A Pakistani-law compliant document issued by a lender releasing their security interest in a vehicle after loan repayment, allowing the owner to obtain clear title.
Download
Unconditional Lien Release Waiver
A Pakistani legal document that unconditionally waives a party's right to place a lien on a property upon receipt of payment, governed by Pakistani contract and property law.
Download
Mechanics Lien Waiver
A legal document under Pakistani law where contractors or suppliers waive their right to file a lien against a property in exchange for payment.
Download
Release Of Lien Document
A Pakistani legal document that formally releases a lien holder's interest in property, subject to local registration requirements and property laws.
Download
Collateral Release Letter
A Pakistani law-governed document that formally releases security interests over specified collateral previously held by a lender or security holder.
Download
Construction Material Release Form
A legally compliant form used in Pakistan for documenting and authorizing the release of construction materials, ensuring quality control and proper transfer between parties.
Download
Lien Release Letter
A formal document under Pakistani law that releases a security interest or lien held against property, confirming debt satisfaction and lien removal.
Download
Conditional Waiver And Release On Progress Payment
A Pakistani law-compliant document that conditionally releases construction payment claims upon receipt of specified progress payments.
Download
Unconditional Waiver And Release On Final Payment
A Pakistani law-compliant document that unconditionally waives all rights and claims upon final payment receipt, typically used in construction and development projects.
Download
Final Waiver Of Lien
A legally binding document under Pakistani law that permanently waives a contractor's right to place a lien on a property, confirming full payment receipt and releasing all claims.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it