Conditional Lien Waiver Form

Conditional Lien Waiver Form Template for Philippines

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Key Requirements PROMPT example:

"I need a Conditional Lien Waiver Form for a residential construction project in Manila, where I'm the general contractor receiving a progress payment of 2.5M PHP from the property owner, with the waiver to be conditional upon receiving payment scheduled for March 15, 2025."

Document background

The Conditional Lien Waiver Form is a crucial document in Philippine construction projects, used when contractors, subcontractors, or suppliers agree to waive their lien rights against a property upon receiving specific payment. This document type is essential in construction payment management, providing protection for both the party making the payment and the party receiving it. Under Philippine law, particularly the Civil Code and construction industry regulations, the waiver only becomes effective once the specified payment is received and cleared. The form typically includes detailed information about the project, parties involved, payment amount, and the specific rights being waived. It serves as a vital tool in construction project management, helping to maintain clear payment records and prevent future disputes while complying with Philippine legal requirements for construction payments and lien releases.

Suggested Sections

1. Title and Date: Clear identification of the document as a Conditional Lien Waiver Form and the date of execution

2. Parties: Identification of the Claimant (contractor/supplier/laborer) and the Property Owner/General Contractor

3. Project Information: Details of the construction project, including project name, address, and any relevant project numbers

4. Payment Amount and Details: Specific amount of payment that triggers the waiver and payment reference information

5. Scope of Waiver: Clear description of what rights are being waived upon receipt of payment

6. Conditional Statement: Express statement that the waiver is only effective upon receipt of specified payment

7. Reservation of Rights: Statement preserving rights for retention, unbilled work, and pending modifications

8. Certification: Claimant's certification regarding the accuracy of the information

9. Execution: Signature blocks, notarization requirements, and date of signing

Optional Sections

1. Through-Date Coverage: Section specifying the date through which the waiver applies, used when the waiver covers a specific period

2. Exceptions List: Detailed list of specific claims or rights not being waived, used when certain claims need to be preserved

3. Prior Rights Affirmation: Statement confirming previous payments received, used in projects with multiple payment phases

4. Subcontractor Confirmation: Additional section for confirming payment to subcontractors, used when required by project terms

5. Insurance Claims Reservation: Section preserving rights to insurance claims, used when applicable insurance claims exist

Suggested Schedules

1. Schedule A - Payment Details: Detailed breakdown of payment amounts, including any progress payments or retention amounts

2. Schedule B - Project Scope: Detailed description of work or materials provided, used for complex projects

3. Appendix 1 - Supporting Documents: Copies of relevant invoices, delivery receipts, or other payment documentation

4. Appendix 2 - Property Description: Legal description of the property, used when required by local regulations

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Construction

Real Estate

Infrastructure Development

Commercial Property

Residential Development

Industrial Construction

Government Construction

Healthcare Facilities

Educational Institutions

Retail Development

Hospitality

Manufacturing

Relevant Teams

Legal

Construction Management

Project Management

Finance

Operations

Procurement

Risk Management

Compliance

Real Estate

Contract Administration

Relevant Roles

Construction Manager

Project Manager

Contract Administrator

Legal Counsel

Property Developer

Construction Site Supervisor

Procurement Manager

Finance Director

Real Estate Manager

Operations Manager

Quantity Surveyor

Risk Manager

Compliance Officer

Project Coordinator

Construction Controller

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Authors

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