Lien Releases

If you have a trade contractor who is asking to be paid pre-owner payment, please take caution. Besides, lien releases getting signed you must also obtain letters from suppliers, union BA etc. that they are paid in full. Getting the lien releases only protect us legally. You will still have legal expenses dealing with liens etc. and on some bonded projects we may have to pay twice, even though the sub signed creating fraud, it does not help the loss of our cash.

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