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 relation to 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, ensuring that the lienor is compensated before relinquishing their lien rights.

The bill also 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 in the bill. The changes are set to take effect on July 1, 2025.