X
04Dec

Significant Changes to Georgia Lien Law on January 1: Are You Prepared?

Baker Donelson | | Return|
Important changes to the Georgia law on waivers for mechanic's lien and payment bond claims (lien waivers) are effective January 1, 2021. Under current Georgia law, lien waivers are "conditional," meaning they do not waive lien and payment bond rights until payment of the amount stated in the lien waiver is received. However, Georgia law presumes that payment occurred (and the lien waiver becomes effective) even if there was no payment unless an "Affidavit of Nonpayment" is filed within 60 days...
By: Baker Donelson
Source Url: https://www.jdsupra.com/legalnews/significant-changes-to-georgia-lien-law-96482/

Related

Tech-Enabled M&A Solutions For The Age Of COVID-19

Federal, state and local efforts to combat the spread of COVID-19 through social distancing and rest...

Read More >

Fourth Circuit Says Federal Hate Crime Law Applies to Workplace Assault

The federal Hate Crimes Prevention Act applies severe criminal penalties for violent acts that are m...

Read More >

Top 10 Mistakes in Arizona Employee Handbooks

As an employment law attorney, I am frequently asked to review or prepare employer handbooks. Some o...

Read More >

COVID-19 Puts Universities’ Use of P3s to the Test

Universities have utilized public-private partnerships (P3s) in recent years to facilitate various t...

Read More >

Congress Aims to Restrict Use of Non-Competes Nationwide

As reported by Trade Secrets Watch last month, several states (including Maryland, Maine, New Hampsh...

Read More >

Will Coronavirus Make Some Contracts Unenforceable?

Lane Powell Legal Update - The spread of the coronavirus, and reactions to it by both public and pr...

Read More >