In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials man, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner). There are typically four types of lien waivers: In the United Stat...
Found on
http://en.wikipedia.org/wiki/Lien_waiver
1. An written document from a contractor, subcontractor, material supplier or other construction professional(s), having lien rights against an owner’s property, relinquishes all or part of those rights.
Found on
https://operations.fs.cornell.edu/info/ir_glossary.cfm
A document that releases a consumer (homeowner) from any further obligation for payment of a debt once it has been paid in full. Lien waivers typically are used by homeowners who hire a contractor to provide work and materials to prevent any subcontractors or suppliers of materials from filing a lien against the homeowner for nonpayment.
Found on
https://www.encyclo.co.uk/local/21674
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