Our lien deadline is approaching on a TX job which we are owed retainage. The GC states per the contract, retainage is not released until they receive final payment from the owner. I found a section in their contract that says, "Final payment to subcontractor is expressly subject to the condition precedent that the GC has received full payment for subcontractor's work from Owner." Does this contract term prevent us from filing a mechanics lien?
Great, thanks!
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annually.