Alaska Unconditional Waiver Release of Lien on Progress Payment

Release your lien rights for the period up to the date of a progress payment with this Conditional Waiver and Release of Lien Upon Progress Payment.

• The Alaska Mechanics Lien Statute gives contractors who furnish labor, materials or equipment to a construction project a lien right over the property on which the work has been done.
• When the property owner makes a payment to the contractor for the improvements, it is up to the contractor to then release its lien rights up to the date of payment.
• This is a conditional lien waiver and release which does not become effective unless and until the progress payment is actually received.

Download your copy of the Alaska Conditional Lien Waiver and Release Form and start using it every time you get a payment. It's so easy.

This Alaska Lien Waiver and Release Forms Package contains all of your lien release forms together in one convenient downloadable file which includes:

1. Conditional Waiver and Release of Lien Upon Progress Payment,
2. Unconditional Waiver and Release of Lien Upon Progress Payment,
3. Conditional Waiver and Release of Lien Upon Final Payment, and
4. Unconditional Waiver and Release of Lien Upon Final Payment.

The construction project is complete and you've received the final payment from the owner. Now it's time to issue a full and unconditional Waiver and Release of your lien rights.

• Once that final payment has cleared, prepare your lien release with this form and give it to the property owner.
• The release does not affect any disputed amounts or holdbacks.
• Because this is a full and unconditional waiver and release, DO NOT USE IT until all checks clear the bank.
• This form is for final payments only. It should not be used in connection with a progress payment.

The Alaska Unconditional Waiver and Release of Lien on Final Payment form is a digital download that can be re-used as often as your business requires. Get yours today.