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GA Waiver and Release upon Final Payment 2016-2025 free printable template

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WAIVER AND RELEASE UPON FINAL PAYMENT STATE OF GEORGIA COUNTY OF ___ THE UNDERSIGNED MECHANIC AND/OR MATERIAL HAS BEEN EMPLOYED BY ___ (NAME OF CONTRACTOR) TO FURNISH ___ (DESCRIBE MATERIALS AND/OR
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How to fill out GA Waiver and Release upon Final Payment

01
Obtain the GA Waiver and Release form from the relevant authority or website.
02
Read the instructions and terms of the waiver carefully to understand your rights and obligations.
03
Fill in your personal information, including your name, address, and contact details.
04
Specify the details of the final payment, including the amount and date of the transaction.
05
Review any additional clauses or sections that may pertain to the specific activity or event.
06
Sign and date the document in the designated area.
07
Submit the completed GA Waiver and Release form upon making your final payment.

Who needs GA Waiver and Release upon Final Payment?

01
Participants in activities or events that require a waiver for liability purposes.
02
Individuals or groups making final payments for services or events that involve risk.
03
Anyone who is required to acknowledge understanding of the risks involved in the activities they are participating in.
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The GA Waiver and Release upon Final Payment is a legal document used in Georgia that allows a contractor, subcontractor, or supplier to waive their right to make a claim or file a lien against a property once they have received the final payment for their services or materials.
Typically, the party receiving payment, such as contractors, subcontractors, and suppliers, is required to file the GA Waiver and Release upon Final Payment to formally release their rights to claim any further payments or liens on the property.
To fill out the GA Waiver and Release upon Final Payment, one must provide the name of the entity releasing the lien, the name of the person or company making the final payment, a description of the work or services provided, the property address, and the date of the final payment.
The purpose of the GA Waiver and Release upon Final Payment is to protect property owners by ensuring that contractors, subcontractors, or suppliers cannot later claim additional payments or assert liens against the property after receiving the final payment.
The information that must be reported includes the name and address of the party waiving the lien, the owner of the property, the final payment amount, a description of the services or materials provided, and any relevant dates.
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