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Legal Forms Glossary

California Release and Waiver of Liens on Final Payment (Unconditional)

A contractor or supplier can place a lien on property it has provided to a home owner while the work is being performed. This lien helps make sure the contractor or supplier will be paid for their services. In California, this lien can only be released in a specific document created for this purpose. A release on "final payment" should be used if the owner is making and the contractor is receiving full payment of the amounts owed (i.e., no additional amounts will be owed after this payment). This document is also "unconditional," which means at the time it's signed, the contractor has received payment and the lien will be released immediately.