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Waiver of Lien

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WAIVER OF LIEN-CORPORATION (A.S. § 34.35.117)

COMES NOW, , as a party who has claimed a lien for labor, materials, services, or equipment provided for the improvement of the property located at , and would state as follows:

1. The undersigned has been paid in full for all labor, materials, services, or equipment furnished to the jobsite or to , person with whom the undersigned contracted, on the job of , owner, located at .

2. The undersigned is not an employee of the owner or any contractor furnishing labor, materials, services, or equipment for the improvement of the property described above.

3. Pursuant to Alaska Statute § 34.35.117, the undersigned does hereby waive and release any right to a mechanic's lien relating to the labor, materials, services, or equipment provided for the improvement of the property described above.

4. This Waiver requires no consideration and is valid and binding but may not relate to labor, materials, services, or equipment furnished after the date it is signed.

This the day of , 20 .

Name of Corporation

By:

Signature

Title

Type or Print Name

Verification

I say on oath or affirm that I have read the foregoing (or attached) document and believe all statements made in the document are true.

Signature


State of

Judicial District (or County) of

or Municipality of

The foregoing instrument was acknowledged before me this by (name of officer or agent, title of officer or agent) of (name of corporation acknowledging) a corporation, on behalf of the corporation.

Signature of Person Taking Acknowledgment

Title or Rank

Serial Number, if any

My Commission Expires:

Enter text

What a Waiver of Lien Is and when it applies

A Waiver of Lien is a written statement from a contractor, subcontractor, or supplier that relinquishes the right to place a mechanic's lien or stop payment claim on a specific property or project once conditions are met. In practice waivers appear as conditional (pay-when-paid) or unconditional (paid-in-full) and document whether payment, partial payment, or retention has been received. The form clarifies the scope of work, the amount waived, the property involved, and the effective date, and it often accompanies progress draws, final payments, and lien releases during construction and property transactions.

Why using a clear Waiver of Lien protects payment and title interests

A properly drafted waiver reduces payment disputes, clarifies when lien rights have been surrendered, and improves cash‑flow certainty for owners, lenders, and contractors. It creates a written record used in accounting, audits, and potential litigation to show the parties' intent regarding lien rights.

Why using a clear Waiver of Lien protects payment and title interests

Which parties commonly complete a Waiver of Lien

Matching the waiver type to the payment event and retaining a signed copy helps all parties manage risk and document project closeout.

  • General contractors providing progress or final release documentation to owners and lenders.
  • Subcontractors and material suppliers issuing conditional or unconditional waivers after receiving payment.
  • Owners, lenders, and construction managers who collect waivers to clear title and disburse funds.

Core elements to include in a professional Waiver of Lien

A clear waiver identifies parties, scope, payment condition, effective date, property description, and explicit signature blocks to ensure enforceability.

Parties

Full legal names of payer and waiving party plus business type and contact details to avoid identity disputes or misrouting.

Project Details

Precise property address, contract or PO number, and description of work or materials covered by the waiver to define the waived lien scope.

Payment Condition

Clearly state whether the waiver is conditional (subject to payment clearing) or unconditional (paid in full), and specify amounts or retainage.

Amount Waived

List the exact dollar amount or percentage being waived; avoid vague phrases like 'all sums owed' without reference to invoice numbers.

Effective Date

Enter the date the waiver takes effect using MM/DD/YYYY format; this date governs the timing of lien rights relinquishment.

Signature Block

Include printed name, title, signature, and date for an authorized signer; note witness or notary fields if state or contract requires them.

Step-by-step: completing a Waiver of Lien correctly

Follow a consistent sequence to prepare, review, sign, and distribute the waiver to reduce errors and delays.

  • 01
    Prepare Document: Gather contract, invoice, and payment proof before completing the waiver.
  • 02
    Choose Waiver Type: Decide conditional or unconditional based on whether funds have cleared.
  • 03
    Sign and Authenticate: Authorized signer signs; add notary/witness if required by contract or state law.
  • 04
    Distribute and File: Send signed copy to owner, lender, and project file; retain original per retention rules.

Digital workflow settings for online completion

Configure a predictable signing flow and authentication level for secure electronic waiver execution.

Field Configuration
Signing Order Set payer then owner sequence to ensure proper routing.
Authentication Use email or SMS codes; consider KBA for higher assurance.
Document Lock Lock signed fields to prevent post-signature edits.
Audit Trail Capture IP, timestamp, and actions for recordkeeping.

Where completed waivers typically go and who receives them

Map distribution so owners, lenders, and project teams get timely proof of release and payment status.

  • Owner / Client: Receive final or progress waiver to clear title and authorize payments.
  • Lender / Escrow: Hold waivers for disbursement compliance and lien clearance.
  • General Contractor: Track subcontractor waivers before approving contractor pay requests.
  • Project Records: File signed waivers in project closeout and accounting systems.

Digital signing and delivery considerations

Ensure the chosen provider can produce tamper-evident signed PDFs, maintain an audit trail, and meet any contractual or state notary requirements.

  • File Types: PDF, DOCX supported
  • Authenticator: Email, SMS, KBA options
  • Integrations: CRM and storage links

Timing: when to issue and record a Waiver of Lien

Timely issuance depends on payment events, contract milestones, and state notice periods; align waiver timing with payment clearance and disbursement schedules.

Progress Payment Waivers:

Issue upon receipt of progress payment; mark conditional until funds clear.

Final Waiver:

Execute after final payment clears and retain proof of payment.

Lender Disbursement:

Provide waivers to lender before final draw release.

Recording Windows:

If state requires recording, file within the statute window specified by state law.

Retention Timeline:

Keep signed copies for the recommended retention period for audit and disputes.

Common preparation errors to avoid

  • Using an unconditional waiver before funds have fully cleared, which can extinguish lien rights prematurely and create payment disputes.
  • Failing to identify the exact contract, phase, or invoice numbers covered by the waiver, leading to ambiguous scope and enforcement issues.
  • Mismatching the legal entity name or signer authority, which opponents can use to challenge waiver validity in court.
  • Neglecting required notarization, witness fields, or state-specific formalities that may render the waiver noncompliant.

Risks and legal consequences of an incorrect waiver

Loss of Lien Rights: Waiver may permanently waive future lien claims
Payment Disputes: Creates grounds for litigation over ambiguous waivers
Contract Breach: May trigger indemnity obligations and damages
Invalid Waiver: Formal defects can make waivers unenforceable
Cost Exposure: Litigation and defense increase project costs
Recordkeeping Risk: Missing proof of payment undermines defense

Frequently asked questions about Waiver of Lien execution

Answers to common questions on waiver types, eSigning, notarization, revocation, and who must sign to make a waiver effective.


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Comparing eSignature platforms for Waiver of Lien workflows

Basic pricing and capability differences influence total cost and compliance options for executing waivers electronically.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Yes Yes Yes Yes
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No
Envelope Cap No envelope cap 100 envelopes/user/year Varies Varies Varies
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