09Jan
Georgia Legislature Amends Mechanic’s Lien Law
An important update to Georgia’s statutory lien waiver laws took effect on January 1, 2021. The amendment to Georgia’s mechanic’s lien law alters the form for interim and final lien waivers. Essentially, the new statute clarifies that lien waivers only waive lien or bond rights against the property and do not waive the right to file a lawsuit for nonpayment or other claims. The law also extends the deadline to file an affidavit of nonpayment from 60 days to 90 days......
By:
Bradley Arant Boult Cummings LLP
Source Url: https://www.jdsupra.com/legalnews/georgia-legislature-amends-mechanic-s-1484605/
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