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  Lien Waivers- #2 Unconditional Waiver and Release Upon Progress Payment


Welcome to page two of our series devoted to lien waivers / lien releases and which lien waiver / lien release to use when...
[page one ] * [page three]


Construction Lien Waivers - #2 Unconditional Waiver Upon Progress

After you've received payment for your "thru January 31" invoice, and after that payment has cleared your customer's bank account, you'll need to give your customer an " Unconditional Waiver and Lien Release Upon Progress Payment " ( aka " lien waiver #2 " ) form.

As is the case with the #1 lien waiver, this #2 lien waiver will contain your customer's name, the job title and location, the dollar amount paid and the "released thru date". [To learn about "release thru dates", please visit our page on the " #1 lien waiver "]

Provided you've been paid 100% of your January invoice, the "released thru date" on your #2 release would be January 31, the same as the "thru date" you entered on the #1 release for this invoice/payment.

Do NOT give this #2 lien waiver to your customer until you are certain that his check has cleared both his and your bank accounts. It's said that there are laws in place to protect you if your customer's check bounces after you've issued your release, but why risk having to go to court to get your rightful due? Don't give your customer that release until the check has cleared the accounts!

When billing on a project that is going to last longer than two or more months, you'll want to repeat the process outlined on our release #1 page as well as the process outlined on this page, for each invoice except the final one.

When it's time to submit that final invoice, you'll use the #3 release , instead of the #1 release that is used on progress invoices. [continued]


We have inexpensive release forms available, click here!

    • Instant Download
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    • Fill the form in before you print it
    • Please click here :)


Check this out:

  • Comprehensive information on the lien laws of all 50 states and the District of Columbia, keeps you informed about your state.
  • FORMS needed to help you comply with your state's lien requirements are INCLUDED in your membership.
  • Invaluable tips and FAQs that inform you of THE 3 R's - your Rights, Restrictions and Responsibilities.
  • Informative strategy discussions that let you take MAXIMUM advantage of the lien laws.
  • Ongoing NOTIFICATION of important changes in state lien laws via Lien Law eLerts which are conveniently emailed to you.

Click here to read more about LienLawOnline

 

Free Gift - Practical Solutions, Higher Incomes, and Less Hassles! Click here (a separate window will open) to get the free gift I have for you at InformedContractors.com. Thank you!


"This site is an obvious tool that anyone in construction should be using."
James Farmer Canoga Park, California
read more

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Preliminary Notices Required by Law

Updated for July 2012 new mechanic's lien laws... In California, subcontractors (and now Direct Contractors - used to be known as GC's and also trade contractors who contract directly with an owner) are required by law to do the California 20-day preliminary notice! Get your instant download, re-usable form and detailed instructions on how to do preliminary notices today, right now, in less than 5 minutes!


 

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A growing list of links to all of the pages here at our website.
If you see something that interests you, please click on the link to check it out:

Ask an attorney

 

English to Spanish pocket book for the job site

Contractors Construction General Liability Insurance and Construction Bonds

 

Downloadable Construction Contract Legal Forms at my Yahoo! Forms Store

Sexual Harassment

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#3 Construction Lien Release
#4 Construction Lien Release
Mechanic's Lien Form
Mechanics Lien Release Form
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