Lien Waiver Fundamentals
Lien waivers are among the most common payment documents used in construction — but they are also among the most dangerous. Without a solid understanding of your company’s legal rights, and what you stand to lose when signing a waiver, you will always be at the mercy of the parties above you on a project.
In Lien Waiver Fundamentals, our text and video lessons will guide you through the process in simple, easy-to-understand steps that ensure you avoid the most common — and costly — mistakes.
Course details
- Cost: Free
- Approx 51 mins to complete this course
- Earn your certificate
What you will learn
- Why lien waivers exist
- The four different types of lien waivers
- Details you need to review to ensure your company’s interests are protected
- How to identify when it’s safe to sign a waiver
- How certain states have made the waiver process fairer
- Tips & best practices for collecting waivers from sub-tier parties
- The biggest mistakes that companies make when dealing with waivers (and how to avoid them)
- And more...
Course Content
Meet your instructor
This course was written and edited as a collaboration between a number of construction lawyers and payment experts:
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