Waiver of Lien Rights
Subsequent to the completion and occupancy of your new office, you may find that you need additional items or specific requirements have changed. If you discover you desire a change, then please feel free to notify the Management Office. All alterations and improvements to the premises must be approved by the Landlord. This approval is necessary to make certain that the proposed work not only meets the same standards of original construction, but also complies with all building codes and regulations.
Hines has resources for a variety of contractual services. Whether you are installing an additional electrical outlet or constructing major renovations, please contact the Property Manager to contract these services. The Property Manager will be happy to assist you. If you prefer to contract work for yourself, then please remember that all construction or electrical work must be approved by the Management Office prior to any work starting in the building.
Prior to the work starting, your contractor must provide copies of licenses and insurance to Hines. After the work is fully executed, your contractor must execute a Release of Lien and (a sample Waiver of Lien is on the next page). This document serves to evidence that he contractor has received full payment for their work and protects you and the Landlord against any lien claims. Depending on the scope of the work, we may also require drawings, which clearly delineate the scope of work, and a building permit to be provided prior to the work starting.
Waiver of Lien Rights
Contractor or Supplier:
The undersigned does hereby forever release and discharge the Owners, the Building and the land upon which the Building is located, from any and all causes of action, suits, debts, liens, damages, claims and demands whatsoever in law or equity which the undersigned and/or its assigns ever had, now have, or ever will have against the Owners, the Building, and/or the land upon which the building is located, by reason of delivery of materials and/or the performances of work relating to any construction in or of the Building.
IN WITNESS WHEREOF, the undersigned has executed this Waiver on this _____ day of ____________, 20____.
WITNESS OR ATTEST: By: ____________________________________
Subscribed and sworn to me this _____ day of _________________, 20______.
Notary Public: _______________________________________
My Commission Expires: _______________________________________