Soon after the lien came the lien waiver, said to be necessary to protect property from specious claims. What started out as a simple means of proving that an owner had paid, however, has taken a long ...
A construction lien waiver is a legal document saying a party waives future lien rights against a property. Lien waivers are designed to protect both a payer and a payee. Payers are protected from the ...
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 ...
Owners loathe and contractors love mechanic's liens. Regardless of point of view, mechanic's liens are an American institution as old as the Bill of Rights. In 1790, President George Washington chose ...
To many, a lien waiver might seem like one more minor item on a construction contract full of small items. But failing to use lien waivers in a timely and proper way can lead to problems for everyone ...
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 ...
In Maryland and elsewhere, a mechanic’s lien safeguards a contractor’s entitlement to payment on a private project. It is a statutory device that, if properly pursued, provides a contractor a security ...
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 ...
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Tell me something about waivers and liens. I don’t understand them or what they do. I had this dead beat who performed work for me, and the experience ended up being terrible. He took forever, didn’t ...
Scott Mollen discusses "J.T. Magen & Co. v. Nissan N. Am.," where the court found a willfully exaggerated mechanic's lien to be null and void. Mechanic's Lien—Willful Exaggeration Improper—'Side Deal' ...
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