CONDITIONAL WAIVER AND RELEASE
UPON PROGRESS PAYMENT
Property Name:..............................................................................................................
Property Location:.........................................................................................................
Undersigned's Customer:.............................................................................................
Invoice/Payment Application Number:.....................................................................
Payment Amount:..........................................................................................................
Upon receipt by the undersigned of a check in the above-referenced Payment Amount payable to the undersigned, and when the check has been properly endorsed and has been paid by the bank on which it is drawn, this document becomes effective to release and the undersigned shall be deemed to waive any notice of lien, any private bond right, any claim for payment and any rights under any similar ordinance, rule or statute related to payment rights that the undersigned has on the above-described Property to the following extent:
This release covers a progress payment for the work, materials or equipment furnished by the undersigned to the Property or to the Undersigned's Customer which are the subject of the Invoice or Payment Application, but only to the extent of the Payment Amount or such portion of the Payment Amount as the undersigned is actually paid, and does not cover any retention withheld, any items, modifications or changes pending approval, disputed items and claims, or items furnished that are not paid. Before any recipient of this document relies on it, the recipient should verify evidence of payment to the undersigned. The undersigned warrants that he or she either has already paid or will use the money received from this progress payment promptly to pay in full all laborers, subcontractors, materialmen and suppliers for all work, materials or equipment that are the subject of this waiver and release.
Dated:......................................
.......................................................
(Company Name)
By:.................................................
Its:.................................................
UNCONDITIONAL WAIVER AND RELEASE
UPON PROGRESS PAYMENT
Property Name:..............................................................................................................
Property Location:.........................................................................................................
Undersigned's Customer:.............................................................................................
Invoice/Payment Application Number:.....................................................................
Payment Amount:..........................................................................................................
The undersigned has been paid and has received a progress payment in the above-referenced Payment Amount for all work, materials and equipment the undersigned furnished to the Customer for the above-described Property and does hereby waive and release any notice of lien, any private bond right, any claim for payment and any rights under any similar ordinance, rule or statute related to payment rights that the undersigned has on the above-described Property to the following extent:
This release covers a progress payment for the work, materials and equipment furnished by the undersigned to the Property or to the Undersigned's Customer which are the subject of the Invoice or Payment Application, but only to the extent of the Payment Amount or such portion of the Payment Amount as the undersigned is actually paid, and does not cover any retention withheld, any items, modifications or changes pending approval, disputed items and claims, or items furnished that are not paid. The undersigned warrants that he or she either has already paid or will use the money received from this progress payment promptly to pay in full all laborers, subcontractors, materialmen and suppliers for all work, materials or equipment that are the subject of this waiver and release.
Dated:......................................
.......................................................
(Company Name)
By:.................................................
Its:.................................................
(Each unconditional waiver and release must contain the following language, in type at least as large as the largest type otherwise on the document:)
Notice: This document waives rights unconditionally and states that you have been paid for giving up those rights. This document is enforceable against you if you sign it to the extent of the Payment Amount or the amount received. If you have not been paid, use a conditional release form.
CONDITIONAL WAIVER AND RELEASE
UPON FINAL PAYMENT
Property Name:..............................................................................................................
Property Location:.........................................................................................................
Undersigned's Customer:.............................................................................................
Invoice/Payment Application Number:.....................................................................
Payment Amount:..........................................................................................................
Payment Period:.............................................................................................................
Amount of Disputed Claims:.......................................................................................
Upon receipt by the undersigned of a check in the above-referenced Payment Amount payable to the undersigned, and when the check has been properly endorsed and has been paid by the bank on which it is drawn, this document becomes effective to release and the undersigned shall be deemed to waive any notice of lien, any private bond right, any claim for payment and any rights under any similar ordinance, rule or statute related to payment rights that the undersigned has on the above-described Property to the following extent:
This release covers the final payment to the undersigned for all work, materials or equipment furnished by the undersigned to the Property or to the Undersigned's Customer and does not cover payment for Disputed Claims, if any. Before any recipient of this document relies on it, the recipient should verify evidence of payment to the undersigned. The undersigned warrants that he or she either has already paid or will use the money received from the final payment promptly to pay in full all laborers, subcontractors, materialmen and suppliers for all work, materials or equipment that are the subject of this waiver and release.
Dated:......................................
.......................................................
(Company Name)
By:.................................................
Its:.................................................
UNCONDITIONAL WAIVER AND RELEASE
UPON FINAL PAYMENT
Property Name:..............................................................................................................
Property Location:.........................................................................................................
Undersigned's Customer:.............................................................................................
Invoice/Payment Application Number:.....................................................................
Payment Amount:..........................................................................................................
Amount of Disputed Claims:.......................................................................................
The undersigned has been paid in full for all work, materials and equipment furnished to the Customer for the above-described Property and does hereby waive and release any notice of lien, any private bond right, any claim for payment and any rights under any similar ordinance, rule or statute related to payment rights that the undersigned has on the above-described Property, except for the payment of Disputed Claims, if any, noted above. The undersigned warrants that he or she either has already paid or will use the money received from this final payment promptly to pay in full all laborers, subcontractors, materialmen and suppliers for all work, materials and equipment that are the subject of this waiver and release.
Dated:......................................
.......................................................
(Company Name)
By:.................................................
Its:.................................................
(Each unconditional waiver and release must contain the following language, in type at least as large as the largest type otherwise on the document:)
Notice: This document waives rights unconditionally and states that you have been paid for giving up those rights. This document is enforceable against you if you sign it, even if you have not been paid. If you have not been paid, use a conditional release form.
NRS 108.2457