BREAKING GROUND

Trends In New York Construction Law

17
JUN
2015

Trade Contractors, the Requisition Cycle and the Importance of Reviewing Lien Waivers

Owners of construction projects (and their lenders) typically require interim lien waivers to be submitted in connection with the requisition process for progress payments.  These waivers of lien can serve as a release of any and all claims against the owner.  These releases and...