The Full Unconditional Waiver is a critical document in construction project management and payment processes in the United States. It is typically used after a party has received payment for work performed or materials supplied, and serves to protect property owners from double payment or future claims. A Full Unconditional Waiver, unlike conditional waivers, takes effect immediately upon execution and represents that payment has already been received. The document must be carefully drafted to comply with state-specific requirements, as some jurisdictions mandate specific statutory forms or language. It is commonly used in conjunction with progress payments or final payments in construction projects.
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1. Project Identification: Details of the project, including location and description
2. Waiving Party Information: Complete identification of the party providing the waiver
3. Payment Amount: Specific amount received as consideration for the waiver
4. Waiver Statement: Clear statement of rights being waived, including mechanics' lien rights, stop payment notice rights, and claims against payment bonds
5. Execution Block: Signature blocks and date for formal execution of the waiver
1. Notarization Block: Required in some states for enforceability - includes space for notary acknowledgment
2. Conditional Provisions: Any specific conditions that must be met before waiver becomes effective, used when required by state law
3. Prior Rights Reservation: Statement preserving certain rights, used when specific claims or rights need to be excluded from the waiver
1. Payment Details Schedule: Itemized list of payments received, including dates and payment methods
2. Project Scope Schedule: Detailed description of work covered by the waiver, including relevant contract references
3. Supporting Documents Schedule: Lists of relevant contracts, change orders, or other referenced documents pertaining to the waiver
Relevant legal definitions
Clauses
Payment Acknowledgment
Waiver and Release
Scope of Work
Project Identification
Rights Relinquishment
Representations and Warranties
Authority to Execute
Governing Law
Binding Effect
Prior Rights
Consideration
Notice
Severability
Reliance
Execution
Attestation
Notarization
Entire Agreement
Indemnification
Jurisdiction
Waiver and Release
Scope of Work
Project Identification
Rights Relinquishment
Representations and Warranties
Authority to Execute
Governing Law
Binding Effect
Prior Rights
Consideration
Notice
Severability
Reliance
Execution
Attestation
Notarization
Entire Agreement
Indemnification
Jurisdiction
Relevant Industries
Relevant Teams
Relevant Roles
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