DC Conditional Waiver and Release of Lien Upon Final Payment

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					          CONDITIONAL WAIVER AND RELEASE UPON FINAL PAYMENT
                                       (DISTRICT OF COLUMBIA)


The undersigned has received a check from ______________________________________________, in the
amount of $_______________________ and made payable to _______________________________________,
which covers the final payment (except for any disputed claims in the amount of $___________________)
for    labor,     services,    equipment,       or     material     furnished      on     the      job   of
_________________________________________ to the following described property:


[Enter Description of Property]


When the check has been properly endorsed and paid by the financial institution on which it is drawn,
this document shall become effective to release and waive any mechanics’ lien, stop notice, or bond right
the undersigned has on the said job.


The undersigned warrants that he/she/it either has already paid or will use the money he receives from
this final payment to promptly pay in full all his/her/its laborers, subcontractors, materialmen and
suppliers for all work, materials and equipment that are the subject of this waiver and release.


Dated this ______ day of ______________________, ___________



(Signature)                                               Printed Name
                                                    -2-


                                         Acknowledgement

DISTRICT OF COLUMBIA                            )
                                                )
COUNTY OF [COUNTY], SS:                         )


On the _____ day of __________________, _________, _________________________
				
DOCUMENT INFO
Description: D.C. contractors, release your lien rights after receipt of final payment on a project with this Conditional Waiver and Release of Lien Upon Final Payment. - The Waiver and Release authorizes a release of any lien rights or claims for payment which the contractor may have against the owner's property ON THE CONDITION that the final payment from the Customer clears the bank. - The document also includes a Notice of Completion form. - This release form should only be used if the contractor has received final payment (except for any disputed amounts). This District of Columbia Conditional Waiver and Release of Lien on Final Payment is available in MS Word format. Pay for the form once, and it's yours to use as often as you require.
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