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Is a lien release in order if we have more work on project?

Minnesota

We filed a lien on a job, customer paid, but we have more work to complete under the same contract. The title company wants a lien satisfaction release, but we are hesitant to release lien. They are pressing us because lien is hampering draw request on the project. Does a partial lien waiver for amount they HAVE paid allow for funds to still flow through title company?

2 replies

Jun 2, 2021
Generally, it would be appropriate to provide a partial lien waiver for the amount they have paid, as you state. That should be sufficient to satisfy the title company unless they have an unusual arrangement with the owner. Regardless, it would be risky for you to provide anything other than a partial lien release. However, a more detailed answer would require knowledge of the disbursement agreement.
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Jun 2, 2021
Yes.
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