I have a question regarding sending the Final Payment Release & Final Release of Lien for a project I finished working on. I have a subcontract agreement with a construction company, but I am not a construction company. They didn't pay in full for some of my invoices. And I need to submit this Final Payment Release & Final Release of Lien with my last Pay App for the last week of work. My last day of work on the project was 1/27/21. I am not sure if I should submit this Final Release of Lien or the Partial Release of Lien, and how many days I have to submit the Final Release of Lien. Since I never had to deal with liens before, I don't know what amount should be written in the Final Release of Lien, the final payment, or the amount they already paid me? Thank you!
It really depends on the language in the Final Release of Lien document. Typically, release of lien documents are agreemnents wherein the signor provides a release of liens that is conditional on the receipt of a payment. In other words, there is probably a line in which you should write in the amount which the construction company still owes you. If there is no dollar figure, then I would be careful about signing the documents. You need to make sure that you are not signing an agreement in which you abandon the sums to which you are entitled to receive.