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Final Waiver Of Lien Form

Final Waiver Of Lien Form Template for Netherlands

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Key Requirements PROMPT example:

Final Waiver Of Lien Form

"I need a Final Waiver of Lien Form for a commercial construction project in Amsterdam, where our company is the general contractor releasing all lien rights after receiving final payment of €2.5 million for a completed office building renovation."

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Document background
The Final Waiver of Lien Form is a critical document in Dutch construction and property development projects, used when a contractor, subcontractor, or supplier has completed their work and received final payment. This document serves as formal confirmation that all payments have been received and that the executing party waives their right to place a lien on the property under Dutch law. The form is typically used at project completion or when major project phases conclude. It must comply with the Burgerlijk Wetboek (Dutch Civil Code) requirements and includes specific details about the project, parties involved, payment received, and the scope of work completed. This document is particularly important in the Netherlands' civil law system, where property rights and security interests are governed differently than in common law jurisdictions.
Suggested Sections

1. Project Identification: Details of the construction project including address, project name, and any relevant permit numbers

2. Parties: Identification of the Waiving Party (contractor/subcontractor/supplier) and the Beneficiary (owner/general contractor)

3. Payment Acknowledgment: Confirmation of the amount received and that it represents full payment for all work/materials provided

4. Lien Waiver Declaration: Explicit waiver of all lien rights related to the project up to the date of the waiver

5. Scope of Work Reference: Description of the work or materials provided for which the lien rights are being waived

6. Execution: Date and signature blocks for all parties, including any required witness or notary fields

Optional Sections

1. Conditional Clause: Section making the waiver conditional upon receipt of payment (used when the waiver is signed before payment is received)

2. Reservation of Rights: Section preserving rights for retention money or pending change orders, used when there are outstanding claims

3. Third Party Rights: Section addressing rights of subcontractors or suppliers, used when the waiving party has engaged other parties

4. Previous Payments: Section detailing prior payments received, used in projects with multiple payment phases

5. Representations and Warranties: Additional declarations about authority to waive liens and absence of other claims, used in high-value projects

Suggested Schedules

1. Payment Schedule: Detailed breakdown of payments received and/or pending

2. Project Scope Details: Detailed description of work performed or materials supplied

3. List of Related Contracts: Reference to all relevant contracts and agreements related to the waiver

4. Subcontractor Waivers: Attached lien waivers from subcontractors or 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
























Clauses


















Relevant Industries

Construction

Real Estate

Architecture

Engineering

Property Development

Building Materials

Infrastructure

Commercial Property

Residential Property

Industrial Construction

Relevant Teams

Legal

Finance

Operations

Construction

Project Management

Contract Administration

Procurement

Risk Management

Property Development

Account Management

Relevant Roles

Project Manager

Construction Manager

Contract Administrator

Legal Counsel

Property Developer

Site Supervisor

Procurement Manager

Finance Director

Construction Director

Contracts Manager

Project Administrator

Chief Financial Officer

Operations Manager

Development 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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