Document background
The Construction Contractor Lien Waiver Form is a critical document in Nigerian construction projects that protects both property owners and contractors by documenting the waiver of lien rights in exchange for payment. This document becomes necessary when contractors or suppliers have completed work or delivered materials and are receiving payment, whether as progress payments or final payment. The form must comply with Nigerian construction law and property regulations, including the Construction Industry Development Act and state-specific requirements. It typically includes project details, payment information, and explicit waiver language, and may be either conditional (pending payment) or unconditional (acknowledging received payment). The document is particularly important in managing risk in construction projects and ensuring clear documentation of payment and lien waiver processes.
