Are you Building or Renovating a Home?
Make sure you get a Lien Waiver from every contractor.
Did you know that contractors or subcontractors can put a lien on your home? ….and that it can prevent or delay the sale of your home in the years to come? Georgia law permits a person who has supplied goods and/or labor to the improvement of real property (i.e. your personal home or investment property) the right to place a lien on your home if the work has not been paid for within 3 months after the date of completion of the work. After that time, the lien shall be valid for 365 days from the date of filing the claim of lien to file Notice of Suit. The lien shall be disregarded after 395 days from the filing of the lien if no Notice of Suit has been filed.
- An “Interim Lien Waiver and Release upon Payment” can be used when there is a payment being made but the final work has not yet been completed.
- An “Unconditional Waiver and Release Upon Final Payment” can be used when the final work has been completed.
Get examples of Georgia Lien Waiver Forms:
ZLien.com – Download Lien Waiver form
TidyForms – Georgia Conditional Waiver of Lien
Also, if you are working with a general contractor, as that they secure a lien waiver for all the subcontractors and provide you with a copy upon payment. If you have questions, call the URBANEST team anytime! We would also be happy to refer you to reputable Atlanta contractors.