Colorado Subcontractor Conditional Lien Waiver and Release on Final Payment

Colorado subcontractors, if you have received final payment for labor and materials provided to a construction project, release your lien rights with this Colorado Subcontractor Conditional Lien Waiver and Release on Final Payment.

• The subcontractor releases any mechanics' lien, bond right or claim for payment which the subcontractor may have against the owner's property, except for retentions.
• The document only becomes effective when the payment clears the bank.
• The release does not affect any rights of the subcontractor to recover compensation for anything not covered by the final payment.
• The form contains a statement verifying that all third parties have been or will be paid, as required by the 2009 amendments to the State lien law.
• Pay for the form once, download it and use it as often as you require.

This Colorado Subcontractor Conditional Lien Waiver and Release on Final Payment form is available as a MS Word template.