Pennsylvania Unconditional Lien Waiver and Release on Final Payment

When final payment comes in on a construction project, Pennsylvania contractors can use this Conditional Waiver and Release form to fully release their lien rights on the property.

The reusable template form is prepared in accordance with State laws regarding the release of lien rights on a property once the contractor receives final payment for the construction project.

Conditions for Release

The waiver and release become effective only after the final payment has been received and the funds have successfully cleared the bank. This ensures that the contractor's lien rights are not released prematurely, in the event that there is a problem with the bank.

Scope of the Release

It is important to note that the release does not apply to any retentions, holdbacks, or disputed amounts. These items remain unaffected and are not covered under this conditional waiver and release.

Contractor's Warranty

The contractor warrants that all invoices related to labor, materials, and equipment for the project have been paid or will be paid accordingly. This warranty gives comfort to the owner / agent that they will not be served with claims for unpaid wages or invoices from subtrades and suppliers.

Form Usage

This digital form can be reused across multiple jobsites, providing contractors with a convenient and cost-effective way to manage lien releases for various projects. Pay for the form once, use as often as needed.

Jurisdiction

This Conditional Waiver and Release of Lien on Final Payment is intended exclusively for use in the Commonwealth of Pennsylvania.

Pennsylvania contractors, release your lien rights up to the date of a progress payment with this Conditional Waiver and Release of Lien Upon Progress Payment.

• The Waiver and Release authorizes a release of any lien rights or claims for payment which the contractor may have for labor, materials or equipment supplied for improvements to a property only for the period specified in the release.
• The release is given on the condition that the progress payment from the customer clears the bank.
• After you purchase it, you can re-use this form as often as you require.
• This template is provided in MS Word format and is easy to download, fill in and print.
• Intended for use only in the Commonwealth of Pennsylvania.

Pennsylvania contractors, keep the progress payments flowing on your construction projects. Use this Unconditional Waiver and Release form to release your lien each time you receive a payment.

This Unconditional Waiver and Release form is designed specifically for Pennsylvania contractors to help manage progress payments on construction projects.

By using this form, contractors can formally release their lien rights each time a payment is received, ensuring compliance and smooth financial transactions throughout the duration of the project.

Reusable for Progress Payments

General contractors can reuse this downloadable form for every progress payment received. This approach streamlines documentation, making it easy and convenient to prepare the release forms for each instalment.

Scope of Lien Release

The contractor relinquishes lien rights only for the amount and up to the date of each specific payment. This ensures that the release is limited only to what has been paid, preserving lien rights for future payments that have not yet been made.

Obligation to Pay Labor and Suppliers

The contractor is obligated to pay all laborers, subtrades, and suppliers who have provided labor, materials, or services to the construction project up to the payment date. This requirement helps maintain trust and accountability across all parties involved in the project.

Guidelines for Signing

As this form constitutes an unconditional release, contractors should not sign it until the payment has been honored by the bank upon which it is drawn. This safeguard helps protect contractors from releasing lien rights before confirming receipt of funds.

Format and Usage

The form is available in Microsoft Word format. Contractors can purchase the form once and use it as often as necessary for all of their projects within the state.

Jurisdiction

This document is intended exclusively for use within the Commonwealth of Pennsylvania. It may not be suitable for projects outside this jurisdiction, as lien laws differ from state to state.