Please discard this page before providing the release to your customer.
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CONDITIONAL WAIVER AND RELEASE ON PROGRESS PAYMENT
NOTICE: THIS DOCUMENT WAIVES THE CLAIMANT'S LIEN, STOP PAYMENT NOTICE, AND PAYMENT BOND RIGHTS EFFECTIVE ON RECEIPT OF PAYMENT. A PERSON SHOULD NOT RELY ON THIS DOCUMENT UNLESS SATISFIED THAT THE CLAIMANT HAS RECEIVED PAYMENT.
Identifying Information
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| Name of Claimant: |
| Name of Customer: |
| Job Location: |
| Owner: |
| Through Date: |
Conditional Waiver and Release
This document waives and releases lien, stop payment notice, and payment bond rights the claimant has for labor and service provided, and equipment and material delivered, to the customer on this job through the Through Date of this document. Rights based upon labor or service provided, or equipment or material delivered, 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. This document is effective only on the claimant's receipt of payment from the financial institution on which the following check is drawn:
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| Maker of Check: |
| Amount of Check: $ |
| Check Payable to: |
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Exceptions
This document does not affect any of the following:
(1) Retentions.
(2) Extras for which the claimant has not received payment.
(3) The following progress payments for which the claimant has previously given a conditional waiver and release but has not received payment:
Date(s) of waiver and release:
Amount(s) of unpaid progress payment(s):
(4) Contract rights, including (A) a right based on rescission, abandonment, or breach of contract, and (B) the right to recover compensation for work not compensated by the payment.
Signature
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| Claimant's Signature: |
| Claimant's Title: |
| Date of Signature: |
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What's a California partial release and waiver (conditional)?
When a homeowner or business begins construction, remodeling, or similar contract work, the contractor must know that they will be paid, and the client needs assurance that work will be completed. A California partial release and waiver (conditional) outlines the rights and responsibilities of a contractor and the property owner, including payments and details about what’s been done and what still needs to be done. Record a payment for partially completed work on your contract project.
Here's the information you'll need to have handy to complete your California partial release and waiver (conditional):
- Subject matter: Be able to describe what work has been completed so far, as well as what is left to do
- Dates: Be clear about the original contract's timeline, including the "through date"
- Payment: Know the payment amount and the names of all parties being paid
How does LegalZoom’s template help you create your California partial release and waiver (conditional) agreement?
Creating a California Partial Release and Waiver (Conditional) Agreement can be a complex task, especially given the specific requirements pertaining to the state of California. Using LegalZoom’s professionally designed agreement template simplifies the process. Here’s how:
1. Saves time and effort
Manually drafting a conditional waiver from scratch can be time-consuming. Using our template eliminates the need to start fresh, providing pre-filled headings and sections.
2. Customizable for your needs
Although our agreement forms provide a pre-structured outline, they remain flexible. With the help of a rich editor, you can tailor them to reflect the specific conditions of your project. The editor helps you add texts and images and format your agreement to your specific needs.
3. Provides structure and clarity
LegalZoom’s templates offer a structured format with clear sections for essential details like:
- Names of parties involved (property owner, contractor, or subcontractor)
- Specific scope of work completed
- Information on payment, such as the amount and conditions for partial payment
- Specifies which claims are being waived upon payment
By utilizing a California partial release and waiver (conditional) agreement template, you can streamline the document creation process, avoid language ambiguities, and ensure all critical aspects are covered effectively.
California Partial Release and Waiver of Liens (Conditional)
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