This bill amends section 713.20 of the Florida Statutes, which pertains to the waiver or release of liens. It mandates that waiver and release forms for liens must include specific language, changing the wording from "may" to "must" in subsections (4) and (5) regarding the forms required for progress and final payments. Additionally, it allows lienors to condition the waiver and release on the receipt of funds instead of just the payment of a check, thereby providing more flexibility in the transaction process.

Furthermore, the bill clarifies that a lien waiver or release that does not closely resemble the specified forms in subsections (4) and (5) is still enforceable, as long as it does not contain additional terms beyond those outlined. The effective date for this act is set for July 1, 2025.