The Final Lien Release Form is a critical document in Indonesian construction and real estate transactions, typically used upon project completion and final payment settlement. This document is essential when a contractor, subcontractor, or supplier has completed their work and received full payment, and needs to formally relinquish their right to file any future liens or claims against the property. Under Indonesian law, particularly the Civil Code (KUHPerdata) and Construction Services Law No. 2 of 2017, this form provides legal certainty for property owners and helps ensure clear property titles. The Final Lien Release Form includes detailed information about the project, parties involved, payment received, and specific rights being released, serving as a crucial tool for project closure and risk management in construction projects.
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1. Project Identification: Details of the construction project including project name, location, and reference numbers
2. Party Information: Complete identification of the releasing party (contractor/subcontractor) and the party receiving the release (owner/general contractor)
3. Payment Acknowledgment: Clear statement acknowledging receipt of final payment and the exact amount received
4. Scope of Release: Specific description of what claims, liens, and rights are being released
5. Property Description: Legal description of the property involved in the construction project
6. Release Statement: Formal waiver language releasing all claims and liens in accordance with Indonesian law
7. Execution Block: Signature blocks with dates and witness provisions as required under Indonesian law
1. Conditional Release Language: Used when the release is conditional upon receipt of final payment
2. Reserved Claims: Section listing any specific claims or rights that are explicitly not being released, if applicable
3. Previous Payments: List of all previous payments received when needed for complex projects
4. Third Party Claims: Statement regarding any third-party claims or assignments when relevant
5. Translation Certificate: Required when the form is bilingual or needs to be certified in multiple languages
1. Payment Schedule: Detailed breakdown of all payments received throughout the project
2. Project Scope Summary: Brief description of completed work being released
3. Supporting Documents: List of attached supporting documentation such as payment receipts or completion certificates
4. Power of Attorney: If the release is being signed by an authorized representative rather than the primary party
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