Business & Contracts
What is Lien Waiver?
Roofing Glossary · Business & Contracts
Definition
A signed document from a contractor or subcontractor waiving their right to file a mechanic's lien against the homeowner's property in exchange for payment. Homeowners should request a conditional lien waiver upon making each progress payment and a final unconditional lien waiver upon project completion. Lien waivers protect homeowners from double-payment situations where a general contractor receives payment but fails to pay subcontractors or material suppliers.
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