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Waiver of Lien and Other Claims Subcontractor Supplier Conditional Full & Final Release Contractor: Water Construction Company, Inc. 8950 Barron's Blvd., Unit 103 Highlands Ranch, CO 801292373 Subcontractor:
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A waiver of lien is a legal document that releases a party's right to place a lien on a property or asset for payment owed.
Contractors, subcontractors, and suppliers who have been paid for their work are typically required to file a waiver of lien.
To fill out a waiver of lien, include the project details, the amount paid, the date of payment, and the signature of the party releasing the lien rights.
The purpose of a waiver of lien is to provide assurance that there will be no future claims against the property or asset for payment already received.
Information such as the project details, amount paid, date of payment, and the releasing party's signature must be reported on a waiver of lien.
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