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Updated over 9 years ago,

User Stats

131
Posts
40
Votes
Reed Starkey
  • Investor
  • Belleville, MI
40
Votes |
131
Posts

Lien Waivers, Construction Lien Act

Reed Starkey
  • Investor
  • Belleville, MI
Posted

I asked my attorney for some Lien waivers, and I got more than I understand.  I was hoping to pull from the vast knowledge of BP to help explain.

I received the following:

Notice of Commencement

Notice of furnishing

Sworn Statement

Partial Conditional Waiver

Partial Unconditional Waiver

Full Conditional Waiver

Full Unconditional Waiver

Claim of Lien

I think I understand the Partial/Full Conditional/Unconditional Waiver, but I am a bit confused on the rest.  If someone could explain these in laymen's terms, It would be a great help.

Thank you

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