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Partial Lien Waiver
I need a Partial Lien Waiver under Danish law for a commercial building project in Copenhagen, where we're making a progress payment of 2.5M DKK to our main contractor for work completed through March 2025, with retention of 10% to be maintained.
1. Identification of Parties: Names and details of the Contractor/Subcontractor (waiving party) and the Owner/General Contractor (paying party)
2. Project Information: Details of the construction project, including address, project name, and contract reference numbers
3. Payment Acknowledgment: Specification of the payment amount received and payment period covered by the waiver
4. Waiver Statement: Clear statement of the specific lien rights being waived, limited to work completed and payments received to date
5. Reservation of Rights: Statement preserving rights for retention amounts, unbilled work, and future claims
6. Declarations: Contractor's confirmation that all subcontractors and suppliers have been paid for the period covered
7. Execution: Signature blocks, date, and notarization requirements
1. Conditional Payment Terms: Used when the waiver is conditional upon receipt of payment
2. Outstanding Change Orders: Include when there are pending change orders that need to be explicitly excluded from the waiver
3. Disputed Claims: Required when there are ongoing disputes that need to be preserved
4. Insurance Claims: Include when there are pending insurance claims related to the project that need to be preserved
5. Third-Party Rights: Used when there's a need to address the rights of other parties not directly involved in the waiver
1. Schedule A - Payment Details: Detailed breakdown of payments received and work completed
2. Schedule B - Project Scope: Description of the specific work covered by the waiver
3. Schedule C - Outstanding Items: List of any retained amounts, unbilled work, or pending claims
4. Appendix 1 - Supporting Documents: Copies of relevant invoices, payment certificates, or other supporting documentation
5. Appendix 2 - Authorization Documents: Corporate resolutions or powers of attorney if required for execution
Authors
Construction
Real Estate
Infrastructure Development
Commercial Property
Residential Development
Industrial Construction
Public Works
Engineering Services
Architecture
Property Management
Legal
Construction
Finance
Operations
Commercial
Procurement
Project Management
Risk Management
Contract Administration
Claims
Construction Project Manager
Contract Administrator
Legal Counsel
Construction Site Manager
Procurement Manager
Finance Director
Project Controller
Risk Manager
Commercial Manager
Operations Director
Chief Financial Officer
Project Director
Construction Lawyer
Claims Manager
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