What unconditional lien waiver means
An unconditional lien waiver gives up lien rights for an amount right away, whether or not the payment has cleared.
Where it shows up in your business
Never sign one before the money is in your account. If a payment bounces after you signed it, the lien rights for that amount may be gone.
Work it out
- Free template: Unconditional lien waiver template
- Money guide: Mechanics lien deadlines by state
- Money: Money guides for contractors