Partial release of lien
We are on a project in NC and the GC has lied about checks being sent, sent half payments on draws, never once paid on time, and now gone over 60 days. We finally placed a lien on the latest past due draw as well as the late fees due. They said that we have now held up payment for everyone because the lender will not release their funds. They bonded around it which is great given we worry they will run out of money. Now they want to make a partial payment on the bond (pay the draws but not the late fees) and have us sign a partial release of lien. I was under the impression they were not legal in NC and the only way to release the lien was to satisfy it entirely or convince me to cancel it.