Storey County Conditional Waiver upon Progress Form

Additional Nevada and Storey County documents included at no extra charge:

Where to Record Your Documents

---

Cities and Jurisdictions in Storey County

Properties in any of these areas use Storey County forms:

• Virginia City

---

Nevada Conditional Waiver and Release upon Progress Payment

Provided under NRS 108.2457(5)(a), this waiver offers the most protection for lien claimants, because it states that if the claimant(s) have actually been paid to date (including no returned or stopped payment checks) the waiver serves as effective proof against any lien claim on the property. The lien is "conditioned" on receiving payment and is only waived if the claimant actually receives the payment.

By filing the form, the lien claimant represents that he or she either has already paid or will use the money he or she receives from this progress payment in order to make prompt payment in full all his or her laborers, subcontractors, materialmen and suppliers for all work, materials or equipment that are the subject of this waiver and release.

Getting a lien waiver also allows property owners to shield the title to their property from the general contractor, material supplier and every subcontractor involved with a project. By releasing the lien upon a progress payment, the property owner once again has clear title and can obtain financing or sell the property.

The property owner should require lien and labor waivers to be submitted with the contractor's invoices and no payment of any invoice should be made unless properly signed lien and labor waivers are provided. Proper lien waivers can protect the property owner from liens filed by the contractor's subcontractors, suppliers and laborers who might record a lien if they are not paid by the contractor.

Each case is unique, so contact an attorney with specific questions or for complex situations.

Important: Your property must be located in Storey County to use these forms. Documents should be recorded at the office below.

This Conditional Waiver upon Progress meets all recording requirements specific to Storey County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Storey County recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

Save Time and Money

Get your Storey County Conditional Waiver upon Progress form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

4.8 out of 5 - ( 4782 Reviews )