Vermont Conditional Lien Waiver and Release on Progress Payment

Vermont 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 conditional. It is given on the condition that the progress payment from the Customer clears the bank.
• Pay for the form once, download it, and use it as often as you like.
• This template form is provided in MS Word format and is editable and easy to use.
• Intended to be used only in the State of Vermont.