Home>Levelset Community>Legal Help>When is a Final and unconditional Lien Waiver to be submitted?

When is a Final and unconditional Lien Waiver to be submitted?

I am a GC on a project. The contract notes the GC is to submit the final and unconditional lien waiver in order to establish substantial completion. I would think final lien wavers would be due with the final invoice for Final completion and when I have all my subs final release of liens.

1 reply

May 22, 2020

Generally, final unconditional lien waivers shouldn't be exchanged until it's time for final payment. And, there's risk in providing that waiver too early without a fully fleshed out "Exceptions" section present. This sounds a lot like another question that was recently asked at the Expert Center, so I wonder if this might have been double-posted. You can find further discussion on this situation here: When is a final unconditional lien waiver to be submitted?

0 people found this helpful

Helpful