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EXHIBIT C CONDITIONAL WAIVER AND RELEASE ON FINAL PAYMENT Project Job No. On receipt by the (signer) of this document of a check from (maker of check) in the sum of $ payable to (payee or payees of
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How to fill out exhibit c conditional waiver
How to Fill Out Exhibit C Conditional Waiver:
01
Start by carefully reading the instructions provided with the exhibit c conditional waiver form. Make sure you understand the purpose of the form and the information it requires.
02
Begin by entering the name of the person or company who is providing the waiver. This is typically the party who has the right to receive payment for their services or materials.
03
Next, input the name of the person or company who is waiving their rights to claim a lien or other legal action against the property in question. This is typically the contractor, subcontractor, or supplier who has already been paid or will be paid in exchange for the waiver.
04
Provide a detailed description of the services or materials provided by the waiving party. Include the address or location of the property involved in the transaction.
05
Enter the date when the waiver is being filled out. This is the date on which the waiver is signed by the waiving party.
06
Sign the waiver in the appropriate field, using your full legal name, title, and date.
07
If required, have the waiver notarized or witnessed by a third party. Follow any additional instructions provided on the form.
Who Needs Exhibit C Conditional Waiver:
01
Exhibit C conditional waiver may be required in construction projects where contractors, subcontractors, or suppliers are waiving their right to claim a lien or other legal action against a property.
02
Property owners may require exhibit c conditional waivers to protect themselves from potential legal disputes and ensure they are not held liable for any outstanding payments.
03
Contractors, subcontractors, or suppliers who have been paid or will be paid for their services or materials provided may need to fill out exhibit c conditional waivers to confirm their agreement to waive their claim on the property.
Remember, it is always advisable to consult with an attorney or legal professional familiar with the laws and regulations in your specific jurisdiction to ensure proper completion and understanding of exhibit c conditional waivers.
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