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Waiver And Release Of Lien Template for Saudi Arabia

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Key Requirements PROMPT example:

Waiver And Release Of Lien

"I need a Waiver and Release of Lien document for a residential construction project in Riyadh, where I'm the general contractor releasing lien rights after receiving final payment of 2.5M SAR on March 15, 2025 from the property developer."

Document background
The Waiver and Release of Lien document is essential in Saudi Arabian construction and development projects, where it protects property owners and ensures smooth project completion. This document becomes necessary when a contractor, subcontractor, or supplier has completed their work or delivered materials and received payment, requiring them to formally relinquish their right to place a lien on the property. Operating within Saudi Arabia's legal framework, which combines Sharia law with modern commercial regulations, the document must comply with specific requirements under the Saudi Enforcement Law, Commercial Courts Law, and construction regulations. The Waiver and Release of Lien typically includes comprehensive project details, payment confirmation, property description, and clear release language, making it a crucial tool for risk management and project closeout procedures. It can be used for both partial (progress) payments and final payment situations, requiring careful attention to detail in its preparation and execution.
Suggested Sections

1. Parties: Identification of all relevant parties including the lien holder (contractor/subcontractor/supplier), the property owner, and any other relevant parties such as the general contractor

2. Background: Context of the original contract, project details, and the basis for the lien rights being waived

3. Definitions: Key terms used in the document including 'Lien', 'Project', 'Property', 'Contract', and 'Payment'

4. Payment Acknowledgment: Confirmation of the amount received and that it represents fair consideration for the lien release

5. Waiver and Release: Clear and unequivocal language waiving and releasing all lien rights related to the specified work or project phase

6. Property Description: Detailed legal description of the property against which the lien rights are being released

7. Representations and Warranties: Statements confirming the lien holder's authority to execute the release and that no assignment of lien rights has occurred

8. Governing Law and Jurisdiction: Specification that Saudi Arabian law governs the document and designation of competent courts

9. Execution: Formal execution block including date and signature requirements compliant with Saudi law

Optional Sections

1. Conditional Release Provisions: Used when the release is conditional upon receipt of payment or other conditions

2. Subcontractor Acknowledgments: Required when the releasing party has subcontractors, confirming all lower-tier claims have been satisfied

3. Retention Rights: Include when there are retained amounts that are explicitly excluded from the release

4. Future Work Reservation: Used when the release applies to specific work periods while preserving rights for future work

5. Dispute Resolution: Optional alternative dispute resolution provisions beyond standard court jurisdiction

6. Notarization Requirements: Include when document requires notarization for specific jurisdictions or project requirements

Suggested Schedules

1. Schedule A - Property Description: Detailed legal description of the property including plot numbers, deed references, and location details

2. Schedule B - Payment Details: Breakdown of payments received, including current payment and any outstanding amounts

3. Schedule C - Work Description: Detailed description of work or materials provided that are covered by the release

4. Appendix 1 - Supporting Documents: Copies of relevant invoices, payment confirmations, or other supporting documentation

5. Appendix 2 - Authorization Documents: Corporate resolutions or powers of attorney proving authority to execute the release

Authors

Alex Denne

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

Relevant legal definitions




























Clauses




























Relevant Industries

Construction

Real Estate

Infrastructure Development

Commercial Property

Residential Development

Industrial Construction

Oil and Gas Construction

Government Construction Projects

Healthcare Facility Construction

Educational Facility Development

Relevant Teams

Legal

Construction Management

Project Management

Finance

Procurement

Risk Management

Contract Administration

Real Estate Development

Operations

Commercial

Relevant Roles

Construction Manager

Project Manager

Legal Counsel

Contract Administrator

Property Developer

Real Estate Manager

Construction Site Supervisor

Procurement Manager

Finance Director

Claims Manager

Project Coordinator

Construction Law Attorney

Risk Manager

Development Director

Contracts Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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