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Final Waiver Of Lien

Final Waiver Of Lien Template for Malaysia

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Key Requirements PROMPT example:

Final Waiver Of Lien

"I need a Final Waiver of Lien for a completed residential construction project in Kuala Lumpur, where we have received the final payment of RM 2.5 million on March 15, 2025, and need to ensure all five subcontractors are covered in the waiver."

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Document background
The Final Waiver of Lien is a critical document in Malaysian construction projects that provides legal certainty for property owners and developers. It is typically executed upon completion of work and receipt of final payment, serving as evidence that all financial obligations have been met and that the contractor or subcontractor waives any future right to file a lien against the property. This document is particularly important in Malaysia's construction industry, where it helps prevent future disputes and ensures clear property titles. The Final Waiver of Lien should include specific project details, payment information, and clear waiver language that complies with Malaysian construction law, particularly the Construction Industry Payment and Adjudication Act 2012 (CIPAA). It is commonly required for project closeout, final payment release, and property transactions.
Suggested Sections

1. Title and Date: Clear identification of the document as a Final Waiver of Lien and the effective date

2. Parties: Identification of the waiving party (contractor/subcontractor) and the beneficiary (owner/general contractor)

3. Project Information: Details of the construction project, including property address and project description

4. Payment Acknowledgment: Confirmation of receipt of final payment and the amount received

5. Waiver Declaration: Formal waiver of all lien rights related to the project

6. Scope of Waiver: Specific description of what claims and rights are being waived

7. Representations and Warranties: Statements confirming authority to waive liens and that all subcontractors/suppliers have been paid

8. Governing Law: Statement that the waiver is governed by Malaysian law

9. Execution: Signature blocks and witness requirements

Optional Sections

1. Conditional Provisions: Additional provisions making the waiver conditional upon specific events or payment clearance - used when payment is made by check or electronic transfer that needs to clear

2. Reservation of Rights: Section preserving certain rights or claims - used when specific claims are intentionally excluded from the waiver

3. Subcontractor Confirmation: Additional confirmations regarding payments to subcontractors - used in complex projects with multiple tiers of contractors

4. Notarization Block: Space for notary authentication - used when required by specific project requirements or financing arrangements

Suggested Schedules

1. Schedule A - Project Details: Detailed description of the project scope and property details

2. Schedule B - Payment Summary: Breakdown of payments received and final payment amount

3. Schedule C - Subcontractor List: List of all subcontractors and suppliers who have provided waivers (if applicable)

4. Appendix 1 - Supporting Waivers: Copies of lien waivers from subcontractors and suppliers (if applicable)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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




















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Relevant Industries

Construction

Real Estate

Property Development

Infrastructure

Commercial Property

Residential Property

Industrial Development

Manufacturing Facilities

Hospitality

Retail Development

Relevant Teams

Legal

Construction

Project Management

Contract Administration

Finance

Procurement

Property Development

Real Estate

Risk Management

Documentation

Relevant Roles

Project Manager

Construction Manager

Contract Administrator

Legal Counsel

Property Developer

Site Supervisor

Quantity Surveyor

Construction Director

Project Coordinator

Procurement Manager

Claims Manager

Finance Manager

Development Manager

Construction Lawyer

Real Estate 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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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