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Preliminary Lien Release
"Need a Preliminary Lien Release for our Singapore construction project phase 1, releasing claims up to March 15, 2025, for SGD 2.5M worth of completed foundation work, while preserving rights for future project phases."
1. Project Identification: Details of the construction project including address and project number
2. Releasing Party Information: Full legal name and details of the party releasing the lien
3. Payment Information: Amount received or to be received as consideration for the release
4. Scope of Release: Clear description of what claims or rights are being released
5. Release Statement: Formal statement of release of claims up to specified date
1. Conditional Release Terms: Used when release is contingent on specific conditions being met - applicable when payment or other conditions must be satisfied before release takes effect
2. Reservation of Rights: Specifies any rights being retained by the releasing party - used when certain claims or rights need to be preserved
3. Progress Payment Details: Information about specific progress payments related to the release - for releases related to specific payment periods or milestones
1. Payment Schedule: Detailed breakdown of payments received or to be received
2. Project Schedule: Timeline or description of work completed up to the release date
3. Supporting Documents: Copies of relevant invoices, payment certificates, or other supporting documentation
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