Unconditional Waiver And Release On Final Payment Template for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Unconditional Waiver And Release On Final Payment

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Unconditional Waiver And Release On Final Payment

"I need an Unconditional Waiver and Release on Final Payment for a commercial building project in Dubai, where I'm the main contractor receiving final payment of AED 5.2 million on March 15, 2025, and need to confirm all subcontractors have been paid."

Document background
The Unconditional Waiver and Release on Final Payment is a critical document used in the United Arab Emirates construction and development industry to formally conclude financial obligations between parties. It is typically executed when a contractor, subcontractor, or supplier receives final payment for their work on a project. The document serves as definitive evidence that all payments have been received and that the releasing party waives any future claims or rights related to the project. Under UAE law, particularly the UAE Civil Code and relevant emirate-specific construction regulations, this document must be explicit in its terms and comprehensive in its coverage. It should clearly state the payment amount received, project details, and the scope of rights being waived. The document is particularly important in the UAE's construction sector, where clear documentation of project completion and payment settlement is essential for both legal compliance and business practices.
Suggested Sections

1. Parties: Identification of the parties: the releasing party (typically contractor/subcontractor/supplier) and the released party (typically owner/contractor), including their full legal names, addresses, and registration details as per UAE requirements

2. Background: Brief description of the original contract, project details, and context of the final payment being made

3. Definitions: Key terms used in the document, including 'Final Payment', 'Project', 'Contract', and 'Claims'

4. Final Payment Acknowledgment: Statement acknowledging receipt of the final payment amount, including the specific sum received and date of receipt

5. Scope of Release: Comprehensive description of what claims, rights, and demands are being waived and released upon receipt of final payment

6. Representations and Warranties: Statements confirming the releasing party's authority to execute the waiver and that no claims have been assigned to third parties

7. Governing Law and Jurisdiction: Explicit statement that the waiver is governed by UAE law and specification of jurisdiction for any disputes

Optional Sections

1. Excluded Claims: Section listing any specific claims or rights that are not being waived, used when certain matters need to be preserved

2. Subcontractor Confirmation: Confirmation that all subcontractors and suppliers have been paid in full, used when the releasing party is a main contractor

3. Conditional Provisions: Any provisions that must be fulfilled before the waiver becomes effective, used when certain conditions must be met despite the unconditional nature of the release

4. Language Provision: Clause specifying that the English version prevails if a dual-language document is prepared, used when Arabic translation is provided

Suggested Schedules

1. Schedule 1 - Project Details: Detailed description of the project, including location, contract reference numbers, and scope of work

2. Schedule 2 - Payment Details: Breakdown of the final payment amount, including any previous payments made and confirmation of the total contract sum

3. Schedule 3 - List of Related Contracts: List of all relevant contracts, purchase orders, change orders, and variations covered by the waiver

4. Appendix A - Supporting Documents: Copies of relevant payment certificates, completion certificates, or other supporting documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Construction

Real Estate Development

Infrastructure

Commercial Development

Residential Development

Industrial Construction

Energy and Utilities

Healthcare Construction

Hospitality Development

Retail Development

Educational Facilities

Transportation Infrastructure

Relevant Teams

Legal

Finance

Operations

Project Management

Commercial

Construction

Contract Administration

Risk Management

Claims Management

Development

Relevant Roles

Project Manager

Construction Manager

Contract Administrator

Legal Counsel

Chief Financial Officer

Operations Director

Project Director

Commercial Manager

Finance Manager

Claims Manager

General Counsel

Managing Director

Construction Director

Development Manager

Senior Quantity Surveyor

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Liability Release Statement

A UAE law-governed document that releases one party from liability or responsibility for claims by another party, compliant with UAE Civil Code and Sharia principles.

find out more

Subcontractor Lien Waiver Form

A UAE-compliant legal document where a subcontractor waives rights to further payment claims for specific completed work upon receipt of agreed payment.

find out more

Lien Release Letter From Bank

A UAE-governed formal letter from a bank releasing its security interest over assets previously held as collateral, confirming satisfaction of the underlying debt obligation.

find out more

Mortgage Lien Release Letter

A UAE-compliant legal document issued by a lender confirming mortgage repayment and releasing their security interest in the property.

find out more

Lien Release Letter For Car

A UAE-compliant formal letter from a financial institution releasing their security interest in a financed vehicle, allowing for the removal of banking restrictions on the vehicle registration.

find out more

Final Payment Release Letter

A UAE-governed document acknowledging final payment receipt and releasing all claims related to a completed project or contract.

find out more

Contractor Final Payment Release Letter

A UAE-governed legal document that confirms final payment to a contractor and releases the employer from further project-related claims.

find out more

Mortgage Lien Release Document

A UAE-compliant legal document that releases a mortgage lien from property records after loan obligations are fulfilled.

find out more

Lienholder Release Form

A UAE law-governed document that formally releases a creditor's security interest or lien over specified property, providing legal confirmation of the release of encumbrances.

find out more

Lien Satisfaction Letter

A UAE-compliant legal document confirming debt satisfaction and formally releasing a lien or security interest over property or assets.

find out more

Model Waiver Form

A UAE-compliant waiver form for relinquishing specific legal rights or claims, suitable for various business and professional contexts.

find out more

Interim Lien Waiver

A UAE-governed document that provides a conditional waiver of construction lien rights for work completed and payments received to date, while preserving rights for unpaid work.

find out more

Vehicle Lien Release Form

A UAE-compliant legal document that releases a lender's security interest in a vehicle, confirming full satisfaction of related financial obligations.

find out more

Title Release Form

A UAE-compliant legal document for transferring or relinquishing property rights and title, subject to federal and emirate-specific property laws.

find out more

Mortgage Lien Release Form

A UAE-compliant legal document that formally releases a lender's security interest in a mortgaged property, requiring registration with the relevant Land Department.

find out more

Contractor Lien Waiver Form

A UAE-compliant legal document where contractors waive their right to place property liens in exchange for payment for construction services or materials.

find out more

Contractor Lien Release Form

A UAE-compliant legal document whereby a contractor releases their right to place a lien on a property upon receipt of payment for construction work.

find out more

Collateral Release Letter

A UAE law-governed document confirming the release of security interests or collateral following the satisfaction of secured obligations.

find out more

Final Waiver Of Lien Form

A UAE-compliant legal document where contractors waive their rights to place liens on property upon receipt of final payment, in accordance with UAE Federal Law.

find out more

Lien Release Letter

A UAE law-governed document that formally releases a security interest or lien over specified property, confirming the lienholder's relinquishment of all claims.

find out more

Unconditional Waiver And Release On Final Payment

A UAE-compliant legal document that provides an unconditional waiver and release of rights upon final payment receipt, typically used in construction and development projects.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.