The Final Waiver of Lien Form is a critical document in Nigerian construction projects that marks the successful completion of payment obligations and releases any potential claims against the property. This document is typically used at the conclusion of construction work or delivery of materials, when final payment has been made and received. The form must comply with Nigerian construction and property laws, including the Land Use Act and relevant state regulations. It includes specific details about the project, parties involved, payment received, and an explicit waiver of lien rights. The document serves as protection for property owners against future claims while providing contractors and suppliers with a formal mechanism to acknowledge full payment. The Final Waiver of Lien Form is particularly important in Nigeria's growing construction sector, where clear documentation of payment completion and lien releases is essential for clean property titles and project closeout.
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Key Requirements PROMPT example:
Final Waiver Of Lien Form
"I need a Final Waiver of Lien Form for a completed residential construction project in Lagos, Nigeria, where I've received the final payment of 鈧15 million on March 15, 2025, and need to release all lien rights as the general contractor."
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1. Project Identification: Details of the construction project including project name, address, and any relevant project numbers or identifiers
2. Parties: Identification of the waiving party (contractor/subcontractor/supplier) and the party receiving the waiver (usually property owner or general contractor)
3. Payment Acknowledgment: Statement acknowledging receipt of payment, including the amount received and date of receipt
4. Waiver Declaration: Explicit statement waiving all lien rights against the property related to the work performed or materials supplied
5. Scope of Work: Description of the work performed or materials supplied that are covered by this waiver
6. Warranties and Representations: Statements confirming that all subcontractors and suppliers have been paid and no outstanding claims exist
7. Execution: Signature block with date and notarization requirements
1. Conditional Waiver Clause: Used when the waiver is conditional upon receipt of payment, specifying that the waiver only becomes effective upon actual receipt of specified payment
2. Reservation of Rights: Include when certain rights need to be preserved, such as retention amounts or pending change orders not covered by the current payment
3. Previous Payments Schedule: Added when there's a need to acknowledge prior payments and confirm cumulative amounts received to date
4. Indemnification Clause: Include when additional protection is needed against future claims from subcontractors or suppliers
1. Schedule A - Payment Details: Detailed breakdown of payment amounts, including original contract sum, change orders, and current payment
2. Schedule B - Project Scope Details: Detailed description of work performed or materials supplied covered by the waiver
3. Appendix 1 - Supporting Documents: Copies of relevant invoices, payment receipts, or other supporting documentation
4. Appendix 2 - Authorized Signatories: List of authorized signatories and their positions when multiple parties are involved in signing the waiver
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Find the exact document you need
Unconditional Waiver Form
A Nigerian law-governed document facilitating the unconditional waiver of rights or claims between parties, with comprehensive protection mechanisms and compliance with local regulations.
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