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STATE OF TEXAS Progress Lien Waiver and Release Project Steed Construction, Inc. Job No. (Pursuant to Texas Property Code 53.281) CONDITIONAL WAIVER AND RELEASE ON PROGRESS PAYMENT On receipt by the
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A progress lien waiver is a document that contractors, subcontractors, and other parties working on a construction project sign to waive their right to file a lien against the property owner's title for work that has been completed and paid for.
Contractors, subcontractors, and suppliers who have been paid for work completed on a construction project are typically required to file a progress lien waiver.
To fill out a progress lien waiver, you will need to provide information such as the project name, property owner's name, contractor's name, and a description of the work completed.
The purpose of a progress lien waiver is to protect the property owner from potential liens filed by contractors and suppliers who have been paid for their work.
The progress lien waiver must include details about the project, the parties involved, the work completed, and the amount paid.
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