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HOW IT WORKS
How it works
If you've paid, or are just about to pay, a mechanic for work they have completed, you can get them to sign a Mechanic's Lien Waiver to help protect yourself from future claims for payment. When you hire a contractor, subcontractor, or supplier, they have a right to put a lien on your property if you don't pay. With a Mechanic's Lien Waiver (in exchange for your payment), the mechanic will agree to release any lien, or other claim, that they may have against the property they've worked on.
A Mechanic's Lien Waiver is an efficient way to help protect yourself financially when you have paid (or you are about to pay) for a mechanic's work. The use of this document acts as tangible evidence that the mechanic has waived his or her right to a lien on your property. A Mechanic's Lien Waiver, however, should not be used if the mechanic has already tried to enforce a lien or claim, so it is best used preemptively once the work has been completed and you have made payment. A Mechanic's Lien Waiver is a fair way to help establish that you have fully paid up for a mechanic's services on your property.
Other names for this document: Mechanic's Lien Release Form, Waiver of Lien, Laborer's Lien Waiver
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