What is lien waiver?
Lien Waiver. A document in which a contractor or supplier waives their right to file a mechanic's lien, usually exchanged for payment.
Why it matters to your pricing
Lien waivers are part of the payment paper trail on many jobs. Understand which type you're signing — conditional vs unconditional — before you do.
This is a general educational definition, not financial or legal advice. Confirm anything regulated with your accountant or state board.