Document background
The Affidavit And Waiver Of Lien is a crucial document in Belgian construction and property development projects, designed to protect both property owners and contractors. It is typically required when significant payments are made during construction projects or upon project completion. The document serves dual purposes: as a sworn statement confirming receipt of payment and as a formal waiver of the right to place a lien on the property. Under Belgian law, this document must be properly executed, often requiring notarization and registration with appropriate authorities. It's particularly important in scenarios where multiple contractors or subcontractors are involved, as it helps maintain clear records of payments and prevents future lien claims. The document must comply with the Belgian Civil Code, the LOI Breyne, and other relevant construction and property laws.
