Information Regarding Lien ReleaseTerri Bodiker
February 7, 2011 — 310 views
A lien is a legal document that secures the financial investment of one entity in the property of another. It is a preventative measure specifically designed to keep all parties involved in the contract to fulfill their obligations. It is particularly strict on the owner or the general contractor and ensures that they sufficiently reimburse all sub contractors, vendors and suppliers associated with the project and keep true to their word.