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 ...
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 ...
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 ...
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 ...
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 ...
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, ...
If you intend to hire a contractor for repairs or home improvements, it’s important to brush up on the lesser-known contract option known as a contractor lien waiver. Liens are a powerful tool ...
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 ...
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