California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 6 — Works of Improvement, Title 1 — Works of Improvement Generally, Chapter 3 — Waiver and Release, Section 8124

A claimant’s waiver and release does not release the owner, construction lender, or surety on a payment bond from a lien or claim unless both of the following conditions are satisfied:

(a) The waiver and release is in substantially the form provided in this article and is signed by the claimant.

(b) If the release is a conditional release, there is evidence of payment to the claimant. Evidence of payment may be either of the following:

(1) The claimant’s endorsement on a single or joint payee check that has been paid by the financial institution on which it was drawn.

(2) Written acknowledgment of payment by the claimant.

Notes

Limits a claimant’s waiver and release so it releases an owner, construction lender, or payment-bond surety only when it substantially follows the statutory form and is claimant-signed. Requires evidence of payment for a conditional release, through a paid endorsed single- or joint-payee check or the claimant’s written acknowledgment of payment.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 8124 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-6/title-1/chapter-3/section-8124

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