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(April 2008) In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials supplier, 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) for the amount paid.
(Staff photo: Bill Klotz) To many, a lien waiver might seem like one more minor item on a construction contract full of small items. But failing to use lien waivers in a timely and proper way can lead to problems for everyone in the project chain â from owners to suppliers.