We have noticed that there is still a good bit of confusion among some folks regarding which Lien Waiver Forms to use. This is understandable. The recent changes to the law represent a drastic departure from the normal way of doing business. If can be confusing. Attached is a link to a
Flow Chart given to us by our friends at Fidelity. I think it is helpful. (Note: PLC stands for Potential Lien Claimant.)
Understand that this is not intended to discourage questions. We believe the best way to learn which form to use is to talk it out with us. It helps us learn as much as it does you. There are really no hard fast rules. There are some nuances to the law and the recent additions that may allow us to get comfortable with avoiding a signature or using a different form under certain circumstances. Feel free to call or send me an e-mail to discuss specifics.