Lien waivers are part of doing business for contractors. If you want to get paid, most owners or general contractors will require that you submit a signed lien waiver with your payment application. On ...
What Is a Lien Waiver? A lien waiver is a written agreement between a payer and a counterparty where said counterparty gives up their right to place a lien on the payer's property or goods. A lien ...
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 ...
Most commercial construction companies deal with lien waivers in some form. General contractors must request, collect, and track lien waivers from everyone below them on a project. (And when we say ...
Luis Trejo, CRO & co-founder of lienwaivers.io, was working as a controller for a regional construction firm in Sioux City when he noticed a need for a better lien waiver process. “He came to me with ...
(MENAFN- GetNews) Lien Waiver Forms provide customizable templates for individuals to produce professional and accurate lien waiver forms according to their specific needs and state regulations. A ...
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 ...
Lien rights can be one of a contractor's most important means of securing payment on any private construction project in North Carolina. Under Chapter 44A of the North Carolina Statutes, contractors ...
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.
Georgia law allows unpaid contractors, subcontractors and materials suppliers to record liens against the properties to which they supplied services or materials. These liens were created by the ...