Conditional Versus Unconditional Releases

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All prime contractors and subtiers should carefully examine partial or final releases of lien to determine if they are conditional or unconditional.  Conditional releases are conditioned upon payment.  Unconditional releases release your lien rights (and possibly any claim you may have).  Read all releases carefully before signing and edit as needed.

Trenton H. Cotney
Florida Bar Certified in Construction Law
Glenn Rasmussen Fogarty & Hooker, P.A.
100 S. Ashley Dr., Suite 1300
Tampa, FL 33602
(813) 229-3333
www.glennrasmussen.com
Location: 100 S Ashley Dr #1300, Tampa, FL 33602, USA

Comments

  1. UnknownJuly 5, 2014 at 2:14 AM

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    ReplyDelete
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