Document background
The Final Waiver of Lien is a critical document in Belgian construction and property development projects, used when a contractor, subcontractor, or supplier has completed their work and received full payment. This document is particularly important in Belgium's civil law system, where property rights and security interests are strictly regulated under the Belgian Civil Code and related legislation. The Final Waiver of Lien serves as definitive evidence that all payment obligations have been met and that the signing party relinquishes any right to file a lien against the property for the work or materials covered. It is typically required before final payment is released and is often a prerequisite for project closing or property refinancing. The document needs to be properly executed and, in many cases, notarized to be legally effective under Belgian law.
