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These Lien Release Errors Could Cost You
Manage episode 428404805 series 1269171
In this episode, we’re unpacking three common yet avoidable lien release mistakes that can have costly implications. We begin by examining the critical importance of selecting the correct form. Whether you’re a General Contractor or a subcontractor, choosing the right release form – narrow when receiving payment, broad when paying – is essential, and your contract may bind you to a specific format. We also highlight the necessity of including conditional language in your releases, especially when payment is pending. This ensures you don’t waive your rights prematurely. Lastly, we address the common error of using an incorrect “Through Date” on releases, which could lead to unintentional rights waiver. Join us for key insights on navigating these lien release pitfalls effectively.
Make sure to follow us on YouTube and social media including Instagram, LinkedIn and Twitter to get a jump on your competition.
About Alex Barthet
Alexander Barthet is a board certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
The post These Lien Release Errors Could Cost You appeared first on TheLienZone Podcast.
300 odcinków
These Lien Release Errors Could Cost You
The Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections
Manage episode 428404805 series 1269171
In this episode, we’re unpacking three common yet avoidable lien release mistakes that can have costly implications. We begin by examining the critical importance of selecting the correct form. Whether you’re a General Contractor or a subcontractor, choosing the right release form – narrow when receiving payment, broad when paying – is essential, and your contract may bind you to a specific format. We also highlight the necessity of including conditional language in your releases, especially when payment is pending. This ensures you don’t waive your rights prematurely. Lastly, we address the common error of using an incorrect “Through Date” on releases, which could lead to unintentional rights waiver. Join us for key insights on navigating these lien release pitfalls effectively.
Make sure to follow us on YouTube and social media including Instagram, LinkedIn and Twitter to get a jump on your competition.
About Alex Barthet
Alexander Barthet is a board certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
The post These Lien Release Errors Could Cost You appeared first on TheLienZone Podcast.
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