Release your lien rights after receipt of final payment on a construction project with this Idaho Conditional Waiver and Release of Lien Upon Final Payment.
This document is intended for Idaho contractors or suppliers to release their lien rights for work or materials supplied to a construction project, contingent upon the successful clearance of the property owner's final payment check.
Conditional Nature of the Release
The waiver is conditional, meaning that the contractor or supplier's lien rights are only released if the owner's check for final payment successfully clears. Should the payment fail to clear for any reason, this Waiver and Release becomes void and is no longer enforceable.
Proper Usage
This release form should be used exclusively when the contractor has received final payment for the project, with the exception of any disputed amounts that remain unresolved. It is not intended for use with progress payments.
Format and Availability
The form is available in Microsoft Word format, making it customizable and reusable. Pay once, use as often as needed.
Jurisdiction
This Waiver and Release form is intended exclusively for use within the State of Idaho. Because lien waiver and release laws vary significantly from state to state, this form may not be valid or appropriate for use outside of Idaho. If you are working in a different jurisdiction, it is essential to consult local regulations and requirements before using a waiver or release form.