Georgia Governor Signs Lien Waiver Changes into Law (Finally)
After sitting on Governor Brian Kemp’s desk for over a month now, Senate Bill 315 aimed at amending the laws governing Georgia’s lien waiver rules have finally been enacted. This...
Lien Waivers
Below, you can find a collection of helpful articles about lien waivers in construction. A lien waiver is a construction document that a contractor or supplier signs in exchange for payment. The document waives the contractor’s right to file a mechanics lien against the property for the amount paid.
Waivers are typically exchanged after every payment. When used in progress billing, a lien waiver gives up lien rights for the specific amount received. If the contractor doesn’t receive the rest of their promised payments, they still have a right to file a lien for the amount left unpaid.
Lien waivers protect everyone on a project. They protect the general contractor from the threat of a mechanics lien, and protect the subcontractor from non-payment. When parties exchange them on every project, both parties get what they earn, making the payment process more fair and transparent.
If you’ve been presented with a lien waiver, it’s a good idea to do your research before signing. If you can’t find the topic you’re looking for in the articles below, the Expert Center page dedicated to help with lien waivers is a great place to ask questions on the topic and get specialized legal advice from construction payment professionals. There’s no such thing as too much research; learn how to use lien waivers to get paid today.
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How to Complete a Sworn Statement in Construction
If you are on a project where the property owner or GC is requiring a sworn statement with your payment application, it’s important to know how to complete one accurately....
Collecting Final Payment: A checklist for contractors
The final payment on a construction project can be one of the toughest to collect, and it usually takes the longest. Every T has to be crossed, and every I...
Options for Notarizing Mechanics Liens & Waivers Remotely
In times like these, getting a document notarized can be difficult. Some construction contracts have language that requires contractors to notarize certain payment documents. They may ask you to notarize...
New York Lien Waivers Can Give Up More Than Just Lien Rights
If you’ve worked in the construction industry for any period of time, you’ve likely signed a lien waiver. However, just because its standard practice, doesn’t mean that all lien waivers are standard....
Georgia Lien Waiver Bill Aims To Limit Fallout From Court Decision
A recent case decided by the Georgia Court of Appeals had a devastating impact on contractors’ rights to recover from non-payment. Given the severity of this decision, a bill was...
Georgia Lien Waivers Can Waive More Than Just Lien Rights
A good understanding of the lien waiver rules in your state is crucial to protecting your rights to payment; and the state of Georgia is no exception. Let’s take a...
Checklist For Contractors: Submit These Documents With Your Payment Application [Free Download]
Applying for payment is a process that every contractor must understand from A to Z. In construction, a payment application is the document (or more accurately, packet of documents) that...
How To Use Construction Pay Apps, Invoices & Lien Waivers Together To Get Paid Faster
The construction industry takes a particularly unique approach to getting paid. There are multiple parties involved, a majority of them are working on credit, and the money has to pass...
Tips for GCs to collect & track pay applications from multiple subs [Free download]
Depending on the size of a construction project, there can be anywhere from five to forty or more subcontractors working, and progress billing, on a job. Of course, everyone may...