It is important for you to understand the clauses in an agreement when signing a contract for any professional service. Although this might seem like simple common sense, most people don’t understand clauses in agreements, such as the right of … Read More
What is Unconditional Lien Waiver upon Final Payment? The unconditional lien waiver on final payment is considered to be the safest waiver which releases all the rights and places the lien on the owners. People who use the release are … Read More
What is a Conditional Lien Waiver upon Final Payment? The conditional lien waiver on final payment is a binding document that officially releases the claim of the people who provided services like supply of raw materials and labor to complete … Read More
What is Unconditional Lien Waiver on Progress Payment? Unlike a conditional waiver of progress payment, the unconditional waiver of progress payment does not guarantee you a payment for the services extended by you towards your client as it releases your … Read More
What is a Conditional Lien Waiver on Progress Payment? A lien waiver is a document developed to protect the interest of the people who provide with materials, labor and other services for the completion of a construction project. The claimant, … Read More
What is Lien Waiver? We need a lien waiver because it relinquishes a business or person’s right to put a lien on the assists of another person or party. Contractors and mechanics often use lien waivers and these are signed … Read More