Pa. Mechanic's Lien Waivers, Releases: The Nuts And Bolts

Law360, New York (March 31, 2015, 11:22 AM EDT) -- Much of the landscape concerning mechanic's liens in the commonwealth of Pennsylvania has changed since January 2007 due to a series of amendments to the Pennsylvania Mechanics' Lien Act. While it has been eight years since the first dramatic changes were made in 2007, subsequent amendments addressed problems or other issues that the 2007 amendments created. The purposes of this article is to assist practitioners and others documenting commercial real estate transactions regarding mechanic's lien "waivers" and mechanic's lien "releases" in transactional documents in Pennsylvania....

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