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An “Unconditional Waiver and Release Upon Progress Payment” discharges all claimant rights through a specific date with no stipulations. A “Conditional Waiver and Release Upon Progress Payment” discharges all claimant rights through a specific date, provided the payments have actually been received and processed.
An unconditional release means that there are no restrictions on the release of the lien. This type of lien release is often used in final project documents to confirm that the project is complete, payment has occurred, and you release all future rights to file liens on the project.
The Unconditional Waiver and Release on Final Payment is used when the claimant is required to execute a waiver in exchange for a final payment, and the claimant acknowledges that final payment has been received.
A Conditional Contractors Lien Release Form is a legal document basically stating that arrangements have been made to pay the lien by issuing a payment to the lien holder. The lien against the property shall be released only upon the condition that the payment clears the lending or banking institution.
The type of lien waiver being used in exchange for payment is extremely important and should be taken seriously. Unconditional waivers should only be used after payment has been received never before. This is because unconditional waivers are effective regardless of any circumstances of payment.
Some authors make a distinction between unconditional love and conditional love. In conditional love: love is 'earned' on the basis of conscious or unconscious conditions being met by the lover, whereas in unconditional love, love is “given freely” to the loved one “no matter what”.
An “Unconditional Waiver and Release Upon Progress Payment” discharges all claimant rights through a specific date with no stipulations. A “Conditional Waiver and Release Upon Progress Payment” discharges all claimant rights through a specific date, provided the payments have actually been received and processed.
Normally the offer will be conditional, but will automatically convert to unconditional if the offer is firmly accepted.
An unconditional release means that there are no restrictions on the release of the lien. This type of lien release is often used in final project documents to confirm that the project is complete, payment has occurred, and you release all future rights to file liens on the project.
A conditional relation is a logical relation in which the elocutionary act employing one of a pair of propositions is expressed or implied to be true or in force if the other proposition is true. Kinds: Biconditional Relation. Counterfactual Conditional Relation. Negative Conditional Relation.
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