Category: Waivers & Releases

Releases Can Be Your Friend

If you understand how releases work, you can use them to your advantage during the course of a construction project. There is the release that you give to someone and there is the release you receive from someone. These two releases look very different and they serve two very different purposes. So let’s talk about the release that you may present to someone. It’s time for you to pick up a check and you need to exchange a release for that check. Don’t provide more than you have to. Present a release that is as narrow as possible. Typically that ... Read more

3 Mistakes to Avoid with Construction Lien Waivers

Negotiate the form of release up front. If you’ve signed a contract and that contract allows the contractor to dictate to you the form that you are going to use, that unfortunately is the form you will have to use during the course of construction. When you’re negotiating the contract, make sure that you are not only negotiating the terms of the contract, but as well what the releases are going to look like when it comes time to sign them. Make the release expressly conditioned upon receipt of a sum certain. Many times a contractor will tell you, “fax ... Read more

Waivers & Releases – [Forms]

Waiver/Release Forms Partial/Progress Payment Conditional Waiver and Release of Lien Upon Progress Payment Waiver and Release of Lien Upon Progress Payment Waiver of Right to Claim Against the Payment Bond – Progress Payment Final Payment Conditional Waiver and Release of Lien Upon Final Payment Waiver and Release of Lien Upon Final Payment Waiver of Right to Claim Against the Payment Bond – Final Payment