Alaska Conditional Waiver and Release of Lien - Progress Payment

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

According to the Alaska Mechanics Lien Statute, contractors who provide labor, materials, or equipment for a construction project are granted a lien right on the property where the work has been performed. This legal protection ensures that contractors have a security interest in the property until they are compensated for their contributions.

Release of Lien Rights Upon Payment

Once a property owner issues a progress payment to the contractor for improvements made, it becomes the contractor’s responsibility to release their lien rights for the period covered by the payment. The release applies only up to the date of the payment, reflecting the work that has been compensated.

Conditional Nature of the Waiver

This waiver is conditional, meaning it does not become effective until the contractor actually receives the progress payment. Until the payment is confirmed, the lien rights remain in place.

Document Format

The Alaska Conditional Waiver and Release of Lien Upon Progress Payment is available in MS Word format for convenience and ease of use. Purchase the form once, use it over and over on all of your projects.

Jurisdiction

It is intended that this document be used only within the State of Alaska. Using this form outside Alaska is not recommended, as other states may have different lien laws and requirements.

Document Type: Microsoft Word
Last Updated: 06-October-2025
SKU: 5607
$6.50
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