Conditional Waiver and Release Upon Progress Payment

Conditional Waiver and Release Upon Progress Payment

<p> CONDITIONAL WAIVER AND RELEASE UPON FINAL PAYMENT (COLORADO)</p><p>Upon receipt by the undersigned of a check from ______(Sub- Contractor) in the sum of (See List Below) made payable to (See List Below) and when the aforesaid check has been properly endorsed and has been paid by the bank upon which it is drawn, this document shall become effective to release any mechanic’s lien, stop notice, or bond right which the undersigned has on the job of StoneRidge Villas (the “Owner”) located at 718/720/782/790 P Ave. Limon, CO 80828, to the following extent: </p><p>This release covers a final payment for labor, services, equipment, or material furnished to the Owner ______[date] only and does not cover any retentions retained after the release date; extras or items furnished after the release date. Rights based upon work performed or items furnished under a written change order which has been fully executed by the parties prior to the release date are covered by this release unless specifically reserved by the claimant in this release. This release of any mechanic’s lien, stop notice, or bond right shall not otherwise affect the contract rights, including rights between parties to the contract based upon a rescission, abandonment, or breach of the contract, or the right of the undersigned to recover compensation for furnished labor services, equipment, or material covered by this release if that furnished labor, services, equipment, or material was not compensated by the final payment. Before any recipient of this document relies on it, that party should verify evidence of payment to the undersigned. </p><p>DATED at ______this _____ day of ______, ______. </p><p>______Name of Sub-Contractor’s Company </p><p>By: ______Print name </p><p>By: ______Signature</p><p>Title: ______</p><p>______Name of Supplier Total Amt. Due</p><p>By: ______Print name Total Amt. Paid</p><p>By: ______Signature Balance Owed</p><p>Title: ______</p><p>______Name of Supplier Total Amt. Due</p><p>By: ______</p><p>Page 1 of 3 Print name Total Amt. Paid</p><p>By: ______Signature Balance Owed</p><p>Title: ______</p><p>______Name of Supplier Total Amt. Due</p><p>By: ______Print name Total Amt. Paid</p><p>By: ______Signature Balance Owed</p><p>Title: ______</p><p>______Name of Supplier Total Amt. Due</p><p>By: ______Print name Total Amt. Paid</p><p>By: ______Signature Balance Owed</p><p>Title: ______</p><p>This instrument was prepared by: </p><p>______Name</p><p>______Address</p><p>______City State Zip</p><p>Acknowledgement</p><p>Page 2 of 3 STATE OF COLORADO ) ) COUNTY OF ______, SS: ) </p><p>On the _____day of ______, ______, ______personally appeared before me, the undersigned Notary Public, personally known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and by his/her/their signature(s) on the within instrument, the person(s), or the entity(ies) on behalf of which the person(s) acted, executed the within instrument. </p><p>IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official seal, on the day set forth above. </p><p>______(SEAL) Notary Public </p><p>My Commission expires: ______</p><p>Affiant: Known______Unknown______</p><p>ID Produced: ______</p><p>Page 3 of 3</p>

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    3 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us