These mandatory forms help subcontractors because they prevent general contractors from slipping broad releases, indemnity clauses and other risk shifting provisions into a lien waiver that subs ...

What Is a Lien Waiver? A lien waiver is a written agreement between a payer and a counterparty where said counterparty gives up their right to place a lien on the payer's property or goods.

Under the current law, parties may use the statutorily provided lien waiver forms, but it is not mandatory as parties can agree to use another form. However, the changes proposed by SB 908 will ...

Waivers can either be in written form or some form of action ... an insurance claim settlement if they waived subrogation. A lien waiver is a waiver that forfeits a counterparty's right to ...

Owners and contractors in Georgia should update their lien and claim waiver forms and related contract provisions in order to continue receiving the same – or even higher – levels of ...