TL;DR
A conditional progress waiver is a lien waiver a contractor or supplier signs upon receiving a progress payment, releasing lien rights for that amount only once the check actually clears. It protects both sides mid-project: the owner gets assurance the payment buys off lien exposure, and the contractor is not stripped of rights if the payment bounces.
What it means
A conditional progress waiver is a lien waiver a contractor or supplier signs upon receiving a progress payment, releasing lien rights for that amount only once the check actually clears. It protects both sides mid-project: the owner gets assurance the payment buys off lien exposure, and the contractor is not stripped of rights if the payment bounces. Several states, California among them, mandate statutory waiver forms, and collecting one from every sub and supplier at each draw is standard practice on well-run jobs.
Where it sits in the glossary
Conditional progress waiver is part of the Legal group inside the ProFix Directory glossary. Browse every term in this category from the glossary index.
Why Ohio homeowners should know it
This is a term Ohio homeowners encounter when reading contractor quotes, hiring paperwork, or inspection reports. Understanding it well enough to ask one good follow-up question is usually all the protection a homeowner needs.
ProFix Directory keeps definitions short on the index page and saves the longer context — Ohio-specific rules, where the term comes from, and which ProFix tools touch it — for these per-term pages so the term is easy to cite and easy to share.
ProFix tools that touch this term
See also
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