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CONDITIONAL WAIVER AND RELEASE ON FINAL PAYMENT Per A.R.S. 331008 PROJECT: APPLICATION NO: On receipt by the undersigned of a check from Au Author I, Inc. in the amount of $ payable to and when the
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What is conditional waiver and release?
Conditional waiver and release is a legal document in construction projects that allows a party to waive their right to file a lien against a property owner in exchange for payment.
Who is required to file conditional waiver and release?
Contractors, subcontractors, and suppliers are required to file conditional waiver and release in order to receive payment for their work.
How to fill out conditional waiver and release?
To fill out a conditional waiver and release, one must include their name, the property owner's name, the project address, the amount being waived, and the date of the waiver.
What is the purpose of conditional waiver and release?
The purpose of conditional waiver and release is to ensure that parties are paid for their work on a construction project without the need for a lien.
What information must be reported on conditional waiver and release?
Information such as the names of the parties involved, the project address, the amount being waived, and the date of the waiver must be reported on a conditional waiver and release.
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