Conditional Versus Unconditional Releases
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