Lien Waivers in Your Draw Packet

Which waivers to include with each draw request and how OwnerDraw auto-generates the status report.

What Banks Want

With every draw request, your bank wants to see:
- Signed lien waivers from ALL subcontractors paid to date
- A summary showing waiver status for each vendor
- Any outstanding waivers should be explained

OwnerDraw Waiver Status Report

OwnerDraw automatically generates a lien waiver status report for your draw packets that shows:
- Vendor name and trade
- Payment amount
- Waiver type and status
- Date signed

Best Practice

Collect waivers **before** you need them for a draw. Don't wait until draw day to chase down signatures — this delays your funding.

> TIP: Use OwnerDraw's digital signing feature to send lien waivers electronically. Subs can sign from their phone, and you get the signed document back instantly.