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Lien Waivers - More than Paper

kalford January 19, 2017

Lien Waivers - More than Paper

Lien Waivers are common in construction credit & one of the most misunderstood and misused documents. Each waiver has its role, though conditional lien waivers are the preferred waiver, because the "conditions" of the waiver provide you with leverage in the event payment isn't received or doesn't clear the bank. In this infographic, we review the four primary types of waivers, identify which states have specific waivers, and identify which states require the waiver to be notarized.

 

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