When To Use
Use G903TX™ when a contractor on a Texas project is required to provide a conditional lien waiver for final payment.
What It Does
G903TX releases lien rights contingent on actual receipt of payment. It protects contractors by ensuring that claims are not released until funds clear, while providing owners with a Texas-state-compliant document for the final payment process.
Additional Information
Several states regulate Lien Waiver and Release forms and require that a specific form be used on projects in that state. Depending on the jurisdiction of your project, governing law may require specific content and formatting within these documents. It is important to consult with an attorney to determine which form is suitable for your needs.
