Post by EstimaCore
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šš¶š²š» šŖš®š¶šš²šæš ššæš² š”š¼š š¢š½šš¶š¼š»š®š¹. š§šµš²š'šæš² šššš²š»šš¶š®š¹. You've paid your subcontractors. The project is complete. The owner has signed off. Ā Then a sub's supplier ā someone you've never met ā files a mechanics lien on the property you just built. Ā This is not hypothetical. It happens constantly across the US and Canada. Ā Lien waivers protect you by confirming that everyone downstream has been paid before you release final payment ā or before you get paid yourself. Ā Here's the process: Ā ā Collect a conditional lien waiver from every sub when you pay them ā Collect an unconditional lien waiver once their check clears ā For large projects, track waivers from subs AND their material suppliers ā Use state/province-specific waiver forms (they vary by jurisdiction) ā Never release the final payment to an owner without receiving your own lien waiver Ā Ignoring this one process is how contractors end up in court on projects they thought were done. Ā š EstimaCore's detailed trade-by-trade breakdowns help you track every subcontractor package ā so nothing falls through the cracks at closeout. Ā š estimacore.com Ā #LienWaiver #ContractorTips #ConstructionLaw #BuildSmarter #NorthAmericaConstruction #GCLife #ConstructionCompliance