What is a Lien Waiver? A Beginner’s Guide

In the construction industry, lien waivers are one of many documents used in the billing/payment process. Most of the time, when a contractor, subcontractor, or material supplier expects to get paid, they must submit a lien waiver. While this seems like a simple part of the payment process that allows workers to get paid, it can quickly cause complications and often covers much more than a single pay app. Everyone working on a construction project needs to get paid for labor and services. Yet, it's also important to have protection against issues that could arise in the future. Learn more about exactly what lien waivers are and how they're used. This is to ensure you're not signing away more rights than you think you are.