Written by kalford | Apr 28, 2016 4:00:00 AM
Did you have to file a mechanic's lien because you were not paid timely for materials or labor you provided to a construction project? Then, ultimately, once you have been paid and the payment has cleared, you will need to release that lien. A release of lien is a document recorded upon the satisfaction of a claim of lien. Statutory penalties may be incurred if a lien is not released upon satisfaction. Before you release that lien, make sure you can answer yes to these two questions! Download this infographic for more.