Historically, subcontractors and suppliers were compelled to sign onerous and overreaching lien waivers and releases in order to receive payment. In addition, many subcontracts contain lien waivers ...
What Is a Lien Waiver? A lien waiver is a key document in the construction industry that ensures smoother transactions and prevents the filing of mechanics' liens. In construction, parties such as ...
Construction owners and contractors in Georgia rely heavily upon the statutory protections provided by Georgia’s mechanic’s lien waiver law, O.C.G.A § 44-14-366. Beginning January 1, 2021, these ...
Lien waivers are routinely exchanged on construction projects. Even so, construction contractors should know the basics of lien waivers or risk financial loss. What is a lien waiver? In simple terms, ...
Lien waivers are tied to almost every payment in construction. Because lien waivers are exchanged so routinely on construction projects and are so closely tied to payment, it is important to ...
Florida is set to potentially join the group of 11 states that require the use of a statutory waiver and release form when a lienor is obligated to execute a waiver or release in exchange for payment.
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