New Mexico Lien Waiver and Release Forms Package
NM contractors, prepare your lien releases quickly and easily with this package of New Mexico Lien Waiver and Release Forms.
These Lien Waiver and Release Forms allow contractors, suppliers and vendors to easily prepare releases each time a payment is received for labor, materials or equipment supplied to a construction job.
State Law Governing Lien Waivers
New Mexico law does not specify a statutory form for lien waivers. Both conditional and unconditional lien waivers are allowed.
State law allows a party to waive its lien rights in the contract. Additionally, there are no provisions in the law that prohibit a party from waiving lien rights prior to receiving payment.
What is Included in the Package
This package contains the following forms which allow you to partially or fully release your lien claim against an owner's property, as payment is received:
- Conditional Waiver and Release of Lien Upon Progress Payment,
- Unconditional Waiver and Release of Lien Upon Progress Payment,
- Conditional Waiver and Release of Lien Upon Final Payment, and
- Unconditional Waiver and Release of Lien Upon Final Payment.
Format and Jurisdiction
Save money by buying the package of forms instead of purchasing them individually. These MS Word documents are customizable and reusable so they can be used on all your work projects.
The New Mexico Lien Waiver and Release Forms are prepared in accordance with State laws and should only be used on projects within New Mexico.