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Unconditional Final Lien Release
I need an Unconditional Final Lien Release under Dutch law for a completed office building renovation project in Amsterdam, where we've received the final payment of 芒鈥毬2.5 million on January 15, 2025, and need to release all lien rights against the property owner.
1. Parties: Identification of the releasing party (typically contractor/subcontractor) and the released party (typically property owner/general contractor)
2. Background: Brief description of the original contract, work performed, and the property involved
3. Definitions: Key terms used in the release document, including 'Property', 'Contract', 'Work', and 'Lien Rights'
4. Acknowledgment of Payment: Confirmation of receipt of full and final payment, stating the exact amount received
5. Release Statement: Unconditional and complete release of all lien rights related to the property and work
6. Warranty of Authority: Statement confirming the signing party's authority to execute the release
7. Governing Law: Explicit statement that Dutch law governs the release
8. Execution: Signature blocks with date and formal execution requirements
1. Release of Additional Claims: Additional section waiving other potential claims beyond lien rights, used when a complete release of all claims is desired
2. Subcontractor Confirmation: Section confirming all subcontractors and suppliers have been paid, used when the releasing party had subcontractors
3. Notarial Certification: Section for notary acknowledgment, used when additional formality is required or for high-value projects
4. Translation Certificate: Required when the release needs to be used internationally or with non-Dutch speaking parties
1. Schedule A - Property Description: Detailed legal description of the property subject to the lien release
2. Schedule B - Payment Details: Itemized list of payments received and confirmation of final payment amount
3. Schedule C - Original Contract Reference: Copy or summary of the original contract details and any relevant amendments
4. Appendix 1 - Supporting Documents: Copies of relevant payment proofs, completion certificates, or other supporting documentation
Authors
Construction
Real Estate Development
Infrastructure
Commercial Property
Residential Development
Industrial Construction
Civil Engineering
Architecture
Property Management
Building Materials
Legal
Construction
Operations
Finance
Procurement
Risk Management
Project Management
Commercial
Real Estate
Contract Administration
Construction Manager
Project Director
Contract Administrator
Legal Counsel
Property Developer
Site Manager
Procurement Manager
Claims Manager
Finance Director
Real Estate Manager
Construction Supervisor
Operations Director
Commercial Manager
Development Manager
Risk Manager
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