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Unconditional Waiver & Release upon Progress Payment

This form is generally used in the construction industry, however it has many other applications. It requires a claimant to some right or sum of money to execute an unconditional waiver and release in exchange for a progress payment, but only to the extent of the progress payment.

Among others this packet includes the following provisions:
  • Names of parties: Identifies the parties to the transaction
  • Sum paid: Clarifies the money paid for the waiver and release
  • Job description: Indicates the job for which the release applies
  • Extent of release of claim: Describes the extent to which the waiver applies
This attorney-prepared packet contains:
  1. Unconditional Waiver & Release upon Progress Payment Information
  2. Unconditional Waiver & Release upon Progress Payment form
State Law Compliance: Designed for use in all states

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Unconditional Waiver & Release upon Progress Payment

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EEN PAID. IF YOU HAVE NOT BEEN PAID, USE A CONDITIONAL RELEASE FORM. Unconditional Waiver & Release upon Progress Payment 1 pany Name] NOTICE: THIS DOCUMENT WAIVES RIGHTS UNCONDITIONALLY AND STATES THAT YOU HAVE PAID FOR GIVING UP THOSE RIGHTS. THIS DOCUMENT IS ENFORCEABLE AGAINST YOU IF YOU SIGN IT, EVEN IF YOU HAVE NOT Bsigned. Dated: ________________ By: ______________________________________ [Name of Person Granting Release] ______________________________________ [Title] ______________________________________ [Comnished labor, services, equipment or material was not compensated by the progress payment. Before any recipient of this document relies on it, said party should verify evidence of payment to the under a rescission, abandonment, or breach of the contract, or the right of the undersigned to recover compensation for furnished labor, services, equipment, or material covered by this release if that furhe claimant in this release. This release of any mechanic's lien, stop notice, or bond right shall not otherwise affect the contract rights, including rights between parties to the contract based uponupon work performed or items furnished under a written change order which has been fully executed by the parties prior to the release date are covered by this release unless specifically reserved by t retentions retained before or after the release date; extras furnished before the release date for which payment has not been received; extras or items furnished after the release date. Rights based ress payment for labor, services, equipment, or materials furnished to ______________________________________________ [Your Customer] through _______________________ [Date] only and does not cover any_____ [Job Description] and does hereby release any mechanic's lien, stop notice, or bond right that the undersigned has on the above referenced job to the following extent. This release covers a proger Progress Payment Sum] for labor, services, equipment, or material furnished to ______________________________________________ [Your Customer] on the job of _________________________________________onditional Waiver & Release upon Progress Payment 1 Unconditional Waiver & Release upon Progress Payment The undersigned has been paid and has received a progress payment in the sum of $________ [Entther in contract, strict liability, or tort (including negligence or otherwise) arising in any way out of the use of these materials. An attorney should be consulted for all serious legal matter. Uncuential damages (including, but not limited to, procurement of substitute goods or services; loss of use, data, or profits; or business interruption) however caused and on any theory of liability, whelForms, Inc, its agents, partners, or affiliates, or ii) the providers, authors or publishers of the forms, be responsible or liable for any direct, indirect, incidental, special, exemplary, or conseqexpress or implied warranties of merchantability, suitability or completeness for any of the materials for your particular needs. The materials are used at your own risk. In no event will: i) FindLegaot provide legal advice. The purchase and use of these materials is subject to the "Disclaimers and Terms of Use" found at findlegalforms.com. These materials are provided "AS-IS." We do not give any e claimant asserts in this form that he or she has in fact been paid the progress payment. Disclaimer No Attorney-Client relationship is created by use of these materials. FindLegalForms, Inc. does nUnconditional Waiver & Release upon Progress Payment This form should be used when the claimant is required to execute a waiver and release in exchange for or in order to induce a progress payment. Th

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Unconditional Waiver & Release upon Progress Payment

Product Specifications

Product Unconditional Waiver & Release upon Progress Payment
Country United States
State All
Pages 2
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Sample Available (requires Flash plug-in)
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Waivers & Releases
Product number #29286
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee
Support Customer support 1-800-959-5899
Online support
Additional Help
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Unconditional Waiver & Release upon Progress Payment

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