Lien Waiver Flow for GC Projects: How Homeowners Stay Protected
· Project Planning · 1 min read
Payment without waivers is how surprise liens happen. Tie draws to a waiver flow covering the GC and key subs.
Require
- Waiver schedule by draw
- Subs named on major trades
- Final waivers before retainage release
Compare GCs in cities or near you.
Frequently Asked Questions
- What is a lien waiver?
- A document where a contractor or sub acknowledges payment for described work and waives lien rights for that amount/period.
- When should I collect them?
- With each draw for covered work, and finals at closeout. Ask your GC for a waiver schedule.
- Conditional vs final?
- Conditional waivers often apply upon payment clearing; finals confirm payment received. Use the form your state recognizes.