Affidavit And Waiver Of Lien Form Template for Nigeria

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Key Requirements PROMPT example:

Affidavit And Waiver Of Lien Form

"I need an Affidavit and Waiver of Lien Form for a completed residential construction project in Lagos, where my company has received final payment of ₦15 million on January 15, 2025, and we need to waive all remaining lien rights as the general contractor."

Document background

The Affidavit And Waiver Of Lien Form is a crucial document in Nigerian construction and property development projects, designed to protect property owners and ensure clear title to property. It is typically used when a contractor, subcontractor, or supplier has completed work or delivered materials and received payment, and needs to formally waive their right to file a lien against the property. The document must comply with Nigerian legal requirements, including the Oaths Act Cap O1 LFN 2004 and relevant property laws. It serves as both a sworn statement confirming payment receipt and a legal waiver of lien rights, providing security for property owners and lenders while facilitating proper project closure and payment processing. The form is particularly important in construction projects where multiple contractors and suppliers are involved, helping to maintain clear property titles and prevent future claims.

Suggested Sections

1. Title and Introduction: Specifies the type of affidavit and waiver, jurisdiction, and date

2. Deponent Information: Full legal name, address, and capacity of the person making the affidavit

3. Project/Property Details: Description and location of the project or property subject to the waiver

4. Basis of Claim: States the original basis for the potential lien claim, including work performed or materials supplied

5. Payment Acknowledgment: Confirmation of payments received and amounts

6. Waiver Declaration: Explicit statement waiving rights to file or maintain any lien claims

7. Sworn Statement: Standard affirmation of truth of the statements

8. Execution Block: Space for signature, notarization, and commissioner for oaths' attestation

Optional Sections

1. Conditional Waiver Provisions: Used when the waiver is contingent upon receipt of specified payment

2. Partial Waiver Clause: Included when the waiver applies only to a specific portion of work or specific payment

3. Reservation of Rights: Used when certain rights are specifically reserved or excluded from the waiver

4. Corporate Authorization: Required when the deponent is signing on behalf of a company

5. Previous Payments Schedule: Used when there is a history of multiple payments that need to be documented

Suggested Schedules

1. Schedule A - Property Description: Detailed legal description of the property

2. Schedule B - Payment Details: Itemized list of payments received and/or pending

3. Schedule C - Scope of Work: Detailed description of work performed or materials supplied

4. Appendix 1 - Supporting Documents: Copies of relevant contracts, invoices, or payment receipts

5. Appendix 2 - Corporate Resolution: If applicable, corporate authorization for the deponent to execute the waiver

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Construction

Real Estate

Property Development

Infrastructure

Commercial Building

Residential Development

Industrial Construction

Civil Engineering

Architecture

Building Materials Supply

Facilities Management

Project Management

Relevant Teams

Legal

Construction Management

Project Management

Contract Administration

Risk Management

Procurement

Operations

Compliance

Property Management

Document Control

Commercial Operations

Relevant Roles

Project Manager

Construction Manager

Contract Administrator

Legal Counsel

Property Developer

Site Supervisor

Procurement Manager

Claims Manager

Construction Director

Real Estate Manager

Facilities Manager

Compliance Officer

Risk Manager

Document Controller

Commercial Manager

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Authors

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