What conditional lien waiver means
A conditional lien waiver gives up lien rights only once a stated payment is actually received.
Where it shows up in your business
It is the safe one to sign when asked for paperwork before the check clears. Some states have required statutory wording, so use the state form where one exists.
Work it out
- Free template: Conditional lien waiver template
- Money guide: Mechanics lien deadlines by state
- Money: Money guides for contractors