Lien Waivers

Understand and manage lien waivers to protect your property.

• What Are Lien Waivers and Why They Matter — Definition of lien waivers, why banks require them, and protection against double-payment.
• The 4 Types of Lien Waivers — Conditional Partial, Unconditional Partial, Conditional Final, and Unconditional Final explained.
• State-Specific Lien Waiver Requirements — Which states have mandatory statutory forms and what that means for your project.
• Collecting Waivers from Subcontractors — How to collect Conditional and Unconditional waivers and the four waiver statuses OwnerDraw tracks.
• Lien Waivers in Your Draw Packet — Which waivers to include with each draw request and how OwnerDraw auto-generates the status report.