Colorado Subcontractor Conditional Lien Waiver and Release - Final

Colorado subcontractors, after receiving final payment for work and materials on a construction project, release your lien rights with Conditional Lien Waiver and Release form.

This document is essential for ensuring that the subcontractor formally releases any claims to a mechanics' lien, bond right, or payment on the owner's property, except for retentions.

Effective Date of Release

The waiver and release only become effective once the payment has cleared the bank. Until this condition is met, the document does not take effect, protecting the subcontractor's interests in case of payment issues.

Scope of Release

The release does not impact the subcontractor’s rights to recover compensation for any amounts or claims not covered by the final payment. This ensures that subcontractors retain the ability to seek payment for outstanding balances or unresolved issues.

Verification of Third-Party Payments

The form includes a statement verifying that all third parties have been or will be paid by the subcontractor. This verification is a critical legal requirement for lien waiver documentation.

Form Availability and Usage

The form is available in MS Word template for easy customization. After purchase, it can be downloaded for use, and then reused as often as needed, providing convenience and flexibility for subcontractors.

Jurisdiction

This document is designed exclusively for use within the State of Colorado. Because lien laws vary from state to state, it may not be suitable for projects located outside of Colorado.

Document Type: Microsoft Word
Last Updated: 05-October-2025
SKU: 5597
$6.50