It’s very easy to make a mistake when exchanging lien waivers on a project, and a lien waiver mistake can be very costly. Most commercial construction companies deal with lien waivers in some form. General contractors must request, collect, and track lien waivers from everyone below them on a project. (And when we say “below them,” we’re not talking about just the subcontractors. We mean everyone working on the project including sub-subs, material suppliers…everyone.)
