Partial Lien Waiver Template

Notice of Partial Payment Release

This document serves as a formal acknowledgment that a partial payment has been received and that a corresponding portion of the lien has been released. It is provided for informational purposes and does not constitute legal advice. For specific legal guidance or to address particular circumstances, consulting a qualified attorney experienced in construction and lien law is recommended. The accuracy and applicability of this template depend on the relevant local laws and regulations, which may vary by jurisdiction. Use of this template is at the user’s sole discretion, and we disclaim any liability for errors, omissions, or implications resulting from its use without professional review.

This is a sample Partial Lien Waiver Template. Actual details may vary depending on specific circumstances and applicable laws. Please adapt the template accordingly.

Partial Lien Waiver Sample

Parties Involved:

Claimant: ABC Construction Co.
Address: 789 Builder’s Lane, Springfield, IL 62704

Property Owner: XYZ Property Ltd.
Address: 456 Commercial Road, Springfield, IL 62701

Property Description:

Property located at 789 Elm Street, Springfield, IL 62704, including all necessary access to the site for the purpose of lien release.

Liability and Payment Details:

Claimant hereby waives and releases lien rights for the amount of $10,000, representing the partial payment received for work performed on the above property. This waiver is contingent upon the receipt of payment and is valid only for this specific amount.

Confirmation:

Claimant affirms that this partial waiver covers the amount indicated, and that all work up to this date has been completed satisfactorily, according to the contractual agreement.

Springfield, IL, ______________________