Owners, contractors, and subcontractors may request one of four release forms in exchange for paying a contractor, subcontractor, or materials supplier of a private or public works construction project. These release forms act as indicators of payment or prospective payment that also surrender a potential claimant’s right to take important legal actions to obtain payment. The conditional waiver and release forms for progress payment and final payment indicate that payment has not yet cleared the bank. The unconditional waiver and release forms indicate that payment has already cleared the bank. Learn how to choose the appropriate form and complete it correctly to ensure you receive full and proper payment for your work and you do not release important claim rights until you are paid.
