NOTE: Require the general contractor to use this form to get a subcontractor or materials supplier to release their potential lien on the developers property WAIVER AND RELEASE OF LIEN UPON PROGRESS PAYMENT The undersigned subcontractor, in consideration of the sum of $____________, hereby waives and releases its lien and right to claim a lien for labor, services, or materials furnished through _____________, 200__ to ___________ <**insert name of ontractor**> in furtherance of his contract with _____________<**insert name of proerty owner**> for work done to the following property: <**insert property address**> <**insert folio number**> <**insert legal description of property**> This waiver and release does not cover any retention or labor, services, or materials furnished after the date specified. Name of Subcontractor (print or type): _____________________________ By: ______________________________ Date: __________________ Signature |