Scott Wolfe Jr. Presents The Subcontractor’s Guide to a Fair Lien Waiver Process

Sept. 9, 2015 - PRLog -- NEW ORLEANS- July 15, 2015: Leading construction expert and zlien’s CEO, Scott Wolfe Jr., will present a live webinar on September 15th. In his presentation, “The Subcontractor’s Guide to a Fair Lien Waiver Process”, Wolfe will go beyond defining a lien waiver. He will breakdown how a lien waiver can apply to every project, and the predicaments of subcontractors due to lien waiver pressures up the chain.  “The Subcontractor’s Guide to a Fair Lien Waiver Process” will be the first out of ten educational opportunities, hosted byAmerican Subcontractors Association (https://www.asaonline.com/eweb/). Scott will be leading his second ASA webinar in April 2016.

“The lien waiver document was supposed to be simple.  It was supposed to be a receipt,” Wolfe wrote in the Construction Payment Blog (http://www.zlien.com/articles/ultimate-guide-to-lien-waivers/). “A waiver of lien rights exchanged for a payment. Now, however, it’s a hot mess of legal traps and nuances. Some states regulate it and some states don’t, and because the regulations are complicated in themselves, it’s tough to decide which is a worse fate.”

Lien waivers originated with good intentions, intentions bearing a fair trade of payment in return for a promise of not filing a mechanics lien on the property where work was performed.  Unfortunately are often used to take advantage of company’s with construction roles down the chain. Instead of being asked to sign a lien waiver upon payment, general contractors, property owners and other similar parties, will present the lien waiver with the construction contract. Wolfe will identify the dangers of signing a lien waiver at the start of a construction project, as well as the language obstacles that lie within in a wordy lien waiver.

Registered viewers will receive access to the 90-minute webinar via one internet connection and telephone line on September 15^th, 2015 at 12 pm eastern time. This is the prime chance to educate company employees on how to keep the lien waiver process fair, and how to lower their company’s risk of financial exposure. Further, registrants will have unlimited access to “The Subcontractor’s Guide to a Fair Lien Waiver Process” webinar for future review and new member training, as well as an ASA Certificate of Completion. The cost of this educational opportunity is $99 for ASA members and $179 for nonmembers. You can register on the ASA website (https://www.asaonline.com/eweb/dynamicpage.aspx?webcode=EventList).

About zlien

Made with love in New Orleans, Louisiana, zlien is a cloud-based platform that gives construction industry participants control over their financial risk and payment processes. The zlien platform manages the mechanics lien compliance process for all parties in the contracting chain, automating and optimizing the exchange of preliminary notices, monitoring lien rights and exposure, and exchanging lien waivers. zlien empowers over 10,000 companies to optimize their credit and financial risk management, and works to promote a fair and transparent construction payment process, improve B2B relationships, facilitate faster payments, and reduce legal and financial risk.  For more information, visit zlien.com (http://www.zlien.com), or follow on twitter @zlienit (http://www.twitter.com/zlienit/)