Securing Unconditional Final Lien Releases from Aggressive Trade Contractors
Unreleased mechanics liens prevent developers from refinancing construction loans. Here is how GCs exchange final retainage checks for signed unconditional lien waivers.
Amit KasliwalCEO & Founder, Dehurdle
January 29, 20234 min read
The Retainage-for-Lien-Release Exchange Script
Recommended Spoken Script
"Your final retainage check for $65,000 has been cut and authorized by escrow. In accordance with statutory closing procedures, the check will be released immediately upon receipt of your executed, notarized Unconditional Final Lien Waiver and Warranty Bond certification."
The 2-Minute Practice Drill
2-Minute Spoken Drill
The 2-Minute Practice Drill
Practice construction lien release negotiations in Dehurdle.