Virginia Conditional Lien Waiver and Release on Progress Payment

Virginia 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.

This Virginia Conditional Waiver and Release of Lien on Progress Payment template is provided in MS Word format, and is easy to download, fill in and print.