Simple Lien Waiver Form Template for India

The Simple Lien Waiver Form is a fundamental document in Indian construction and development projects, used when a contractor, subcontractor, or supplier receives payment for work performed or materials supplied. This document serves as legal evidence that the party receiving payment waives their right to place a lien on the property for the amount paid. The form is particularly important in India's construction industry, where it helps maintain clear payment records and protect property owners from future claims. When using a Simple Lien Waiver Form, parties must ensure compliance with the Transfer of Property Act, 1882, the Indian Contract Act, 1872, and applicable state-level construction lien laws. The document typically includes details of the parties involved, project information, payment acknowledgment, and specific rights being waived.

1. Identification of Parties: Names and details of the Lien Holder (contractor/subcontractor/supplier) and the Property Owner/General Contractor

2. Project Information: Details of the construction project or work performed, including property address and project description

3. Payment Acknowledgment: Statement acknowledging receipt of payment, including the amount received

4. Waiver Declaration: Clear statement waiving and releasing any and all lien rights related to the work performed

5. Scope of Waiver: Specific description of what rights are being waived and the extent of the waiver

6. Execution: Signature blocks, date, and notarization requirements