Conditional Mechanics Lien Waiver (IL) | Practical Law
A conditional waiver and release of mechanics lien rights under the Illinois Mechanics Lien Act. This Standard Document can be used by general contractors, subcontractors, sub-subcontractors, laborers, material suppliers, and other claimants for both progress payments and final payments made by the real estate owner in both private construction and public projects. This Standard Document has integrated notes with important drafting and negotiating tips for owners and contractors.