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UNCONDITIONAL WAIVER AND RELEASE ON PROGRESS PAYMENT (Pursuant to A.R.S. 331008)PROJECT: JOB NO.: The undersigned has received a progress payment in the sum of $, for all labor, services, equipment
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Unconditional waiver and release is a legal document used in construction projects to waive the right to file a mechanics lien.
Subcontractors, suppliers, and other parties working on a construction project are typically required to file unconditional waiver and release.
Unconditional waiver and release can be filled out by providing information about the project, the parties involved, and confirming the waiver of lien rights.
The purpose of unconditional waiver and release is to release the right to file a mechanics lien in exchange for payment for work or materials provided.
Information such as project details, parties involved, payment amount, and waiver of lien rights must be reported on unconditional waiver and release.
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