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Partial Lien Waiver Form
"Need a Partial Lien Waiver Form for our Riyadh commercial building project, acknowledging payment of SAR 2.5 million received on March 15, 2025, with reservation of rights for remaining unpaid work valued at SAR 1.2 million."
1. Project Identification: Details of the construction project including project name, location, and contract reference number
2. Parties: Identification of the waiving party (contractor/subcontractor) and the beneficiary (owner/contractor)
3. Payment Acknowledgment: Specific details of the payment received, including amount and date
4. Waiver Statement: Clear statement of the lien rights being waived, specifically for work completed through the specified date
5. Scope of Work Covered: Description of the work, materials, or services provided for which the partial lien is being waived
6. Reservation of Rights: Statement preserving rights for unpaid work and future work
7. Execution: Signature block with date and notarization requirements
1. Conditional Waiver Clause: To be included when the waiver is conditional upon receipt of payment
2. Previous Payments Declaration: Statement confirming receipt of all previous payments, used when there's a payment history to acknowledge
3. Subcontractor Confirmation: Confirmation that all subcontractors and suppliers have been paid, included when the waiving party has subcontractors
4. Islamic Finance Compliance: Additional statements ensuring compliance with Sharia principles, included when specifically required by the parties
5. Dispute Resolution: Specific dispute resolution procedures, included when parties want to specify handling of potential disputes
1. Schedule A - Payment Details: Detailed breakdown of the payment amounts, including current payment and outstanding balance
2. Schedule B - Work Completion Certificate: Certificate or documentation confirming the completion of work covered by the waiver
3. Appendix 1 - Project Scope Documentation: Detailed description of the work completed and covered by the partial lien waiver
Authors
Construction
Real Estate Development
Infrastructure
Commercial Property
Industrial Development
Residential Development
Engineering
Architecture
Project Management
Construction Materials Manufacturing
Legal
Finance
Construction Management
Project Management
Procurement
Commercial
Compliance
Risk Management
Document Control
Contract Administration
Construction Project Manager
Contract Administrator
Legal Counsel
Finance Manager
Project Director
Construction Site Supervisor
Procurement Manager
Commercial Manager
Claims Manager
Document Controller
Quantity Surveyor
Chief Financial Officer
Risk Manager
Compliance Officer
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