Recent Questions & Answers About New Jersey Lien WaiversI am reviewing back up to pay apps and the sub conditional lien waivers from the GC have a clause at the end that state “contractor/Supplier further affirms that it has received payments to date that may be considered a trust fund for the purpose of paying for labor and/or materials and will apply all trust fund payments received as required”…..I’ve never seen this and I’m not sure what it means. Is it even allowed?
Reviewing contract documents for a HOA condo project.Need clarification regarding lien waivers
If I have an invoice that is holding retainage do I issue a lien waiver for the full amount or do I issue a lien...Does a General Contractor have the right to restrict a subcontractors light to lien in NJ?
We are an Operations & Maintenance provider and the GC of the project wants to include the following clause in the contract, "Contractor shall not...