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Lien Waivers

kalford May 1, 2015 12:00:00 AM

Lien Waivers

Lien Waivers are common in construction credit. Project owners will often require lien waivers from contractors, subcontractors & suppliers to alleviate the possibility of subsequent mechanic’s lien filings. Lien Waivers are also one of the most misunderstood and misused documents in construction credit. It is crucial for credit professionals to understand the verbiage, remedies and consequences of lien waivers, prior to signing the document. Download this paper to learn more.

 
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The construction credit world is full of industry-specific terms and definitions; sometimes it’s hard to keep them all straight. “Bond” is one of...

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EC: Residential Projects and Lien Rights

EC: Residential Projects and Lien Rights

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In this NCS Extra Credit installment, Marla Zurlo (Senior Account Representative) reviews mechanic's lien rights on residential projects. {%...

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Notices of Commencement

Notices of Commencement

Sep 10, 2018 12:00:00 AM

A notice of commencement is a notice typically recorded by the owner of a construction project, in the county where the project is located, prior to...

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