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FORM UNCONDITIONAL LIEN WAIVER - FINAL PAYMENT Section 53. 284 of the Texas Property Code provides that a waiver and release given by a claimant or potential claimant is unenforceable unless it substantially complies with the applicable forms described by Subsections b - e of said Section 53. 284. THIS FORM IS TO BE USED if a claimant or potential claimant is required to execute an unconditional waiver and release to prove the receipt of good and sufficient funds for a final payment and the...
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What is form unconditional lien waiver?
Form unconditional lien waiver is a legal document that waives the right to place a lien on a property.
Who is required to file form unconditional lien waiver?
Contractors, subcontractors, and suppliers are required to file form unconditional lien waivers.
How to fill out form unconditional lien waiver?
To fill out form unconditional lien waiver, one must provide their name, contact information, project details, and signature.
What is the purpose of form unconditional lien waiver?
The purpose of form unconditional lien waiver is to release the property owner from any potential claims for non-payment.
What information must be reported on form unconditional lien waiver?
The form must include the project name, property owner's information, contractor's information, waiver amount, and signature.
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