Conditional and Unconditional Lien Waiver/Release Forms for Progress and Final Payments – Part 1

Conditional and Unconditional Lien Waiver/Release Forms for Progress and Final Payments – Part 1

Customers & Accounts Receivable, From Our Guest Bloggers
Knowing which lien waiver/release form to use when on a construction project can be confusing at times.  This series of articles will help to clear up some of the questions. Make Sure The Forms From Your Vendors Are Accurate Whether you’re a general or sub, it is imperative that you make sure the forms you collect from your vendors are legal and accurate – don’t and you’re risking a lien on the property and breaching your contract with your customer. Helpful Tips Photocopy checks before depositing them so that you have the information from the front. This allows you to verify that a check has cleared the issuing bank before you submit an unconditional release. Invariably papers end up misfiled or not filed.  Include your internal job/account number on the…
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