When To Use
Use G903UT™ when a contractor on a Utah project is required to provide a conditional lien waiver for final payment.
What It Does
G903UT releases all lien rights contingent on the payment actually clearing. It protects contractors by tying the release to the confirmed receipt of funds, while giving owners a Utah-compliant close-out document confirming that all lien claims are conditionally resolved.
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.
