"Unconditional Waiver and Release on Final Payment"

An Unconditional Waiver and Release on Final Payment is a formal document signed by the payer and their counterpart where the counterpart confirms their intention not to pursue any legal action against the payer who made a final payment towards their original contract. Download an Unconditional Waiver and Release on Final Payment template via the link below and use it as it is or customize the document to your liking.

How to Make an Unconditional Waiver and Release on Final Payment?

Widely used to handle different financial obligations such as construction projects and agreements with banking institutions, this document allows the parties to negotiate compensation, confirm the services or products have been paid in full, and certify the claimant is satisfied with the compensation that was offered and delivered. You have to verify the release of the existing lien, suspension of payment notices, and waiver of payment bond rights. Identify the parties to the agreement, specify the location of the project if the waiver relates to construction, state the consideration the parties have deemed acceptable, list exceptions that will not be covered by the waiver, and sign the document. Do not agree to sign the waiver and release until you have proof of payment.


Still looking for a particular template? Take a look at the similar templates below:

ADVERTISEMENT
ADVERTISEMENT

Download "Unconditional Waiver and Release on Final Payment"

Download PDF

Fill PDF online

Rate (4.8 / 5) 14 votes
Unconditional Waiver and Release
on Final Payment
This form complies with the requirements of Civil Code Section 3262(d)(4).
This document waives and releases lien, stop payment notice, and payment bond
rights the claimant has for all labor and service provided, and equipment and material
delivered, to the customer on this job. The rights based upon the provided labor or
service, or delivered equipment or material, pursuant to a written change order that
has been fully executed by the parties prior to the date that this document is signed by
the claimant, are waived and released by this document unless listed as an exception
below. The claimant has been paid in full.
1. Identifying Information.
Name of Claimant: _____________________________________________________
Name of Customer: _____________________________________________________
Job Location:​
_ _________________________________________________________
_____________________________________________________________________
Owner:​
_ ______________________________________________________________
2. Exceptions.
This document does not affect any of the following: ___________________________
_____________________________________________________________________
Disputed claims for extras in the amount of: _________________________________
3. Signature.
___________________
___________________
___________________
Claimant's Signature
Claimant's Title
Date of Signature
©​ ​ ​ ​
T EMPLATEROLLER.COM​
Unconditional Waiver and Release
on Final Payment
This form complies with the requirements of Civil Code Section 3262(d)(4).
This document waives and releases lien, stop payment notice, and payment bond
rights the claimant has for all labor and service provided, and equipment and material
delivered, to the customer on this job. The rights based upon the provided labor or
service, or delivered equipment or material, pursuant to a written change order that
has been fully executed by the parties prior to the date that this document is signed by
the claimant, are waived and released by this document unless listed as an exception
below. The claimant has been paid in full.
1. Identifying Information.
Name of Claimant: _____________________________________________________
Name of Customer: _____________________________________________________
Job Location:​
_ _________________________________________________________
_____________________________________________________________________
Owner:​
_ ______________________________________________________________
2. Exceptions.
This document does not affect any of the following: ___________________________
_____________________________________________________________________
Disputed claims for extras in the amount of: _________________________________
3. Signature.
___________________
___________________
___________________
Claimant's Signature
Claimant's Title
Date of Signature
©​ ​ ​ ​
T EMPLATEROLLER.COM​