A Waiver and Release signed by a subcontractor on a public works project waives the right to lien which asset?

A Waiver and Release signed by a subcontractor on a public works project waives the right to lien which asset?

• A. Real property only
• B. The real property or construction funds
• C. The project plans
• D. Future contracts only

Answer: (B)

On public works projects, lien rights are tied to two assets: the real property (the site itself) and the construction funds available to pay for the work. A Waiver and Release signed by a subcontractor is meant to give up those lien rights against those specific assets in exchange for payment. That’s why the correct understanding is that the waiver relinquishes the right to lien both the real property and the construction funds. Project plans or future contracts aren’t the assets a mechanics lien targets in this context, so they aren’t affected by this waiver.

On public works projects, lien rights are tied to two assets: the real property (the site itself) and the construction funds available to pay for the work. A Waiver and Release signed by a subcontractor is meant to give up those lien rights against those specific assets in exchange for payment. That’s why the correct understanding is that the waiver relinquishes the right to lien both the real property and the construction funds. Project plans or future contracts aren’t the assets a mechanics lien targets in this context, so they aren’t affected by this waiver.