Navigating The Protections Of Various Lien Waivers
Law360 (April 2, 2018, 6:06 PM EDT) -- Developers, real estate financers and contractors understand the importance of mechanic’s lien waivers. Since mechanic’s liens can cloud title and hinder the sale of a property, they provide contractors and subcontractors with an effective means to collect payment. Owners benefit from lien protection tools such as lien waivers to freely access and market the project after completion. Traditionally, a lien waiver functioned as an acknowledgment that some payment was paid and the lienholder released its right to file a lien on a subject property for that payment. Over the years, the content of lien waivers grew to include additional protections....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!