Subcontractor states preliminary notice is affecting their ability to be funded by the bank. They have asked us to retract preliminary and once funding is approved, we can re-instate....Read More
I’m working with a client as a roofing contractor. She is requesting we have a lien release sent over to her. From what I’ve been told is the mortgage company would provide that document for us to sign. ...Read More
MY QUESTION IS REGARDING A PROJECT CALLED PARK NEWPORT APARTMENTS (1312374). WE HAVE RECENTLY ISSUED A N UNCONDITIONAL FINAL RELEASE AND THE PROJECT HAS STARTED UP AGAIN. SHOULD I FILE ANOTHER PRELIM TO BE SAFE OR IS THE ORIGINAL FILING EFFECTIVE IN PROTECTING MY COMPANY?...Read More
I received a check for a project in UT. It included this lien waiver as a condition of endorsement:
In consideration of the payment of this check, the payee by endorsing &/or negotiation same waives & relinquishes all right of lien or claims payee now has upon the project described by common job name/number on reverse side herof. Undersigned further acknowledges & guarantees that it has made payment in full to all laborers & suppliers under its scope of work to date hereof.
Is this a conditional or final waiver? Do I completely waive my lien rights if I endorse a check with this terminology? ...Read More