Lien Waivers: Make Sure You Know What You Are Signing

Be sure to know what type of lien waiver you are signing and how it can impact your bottom line if you sign the wrong one.  By spending the time to know what the documents mean, you can save yourself legal fees and financial distress.  Just because wording is changed in the title does not mean the content in the rest of the lien has been changed.  Don’t find out the hard way, as this contractor did, that you have no rights to file a lien for full payment because you didn’t know what was in the document you signed.