Sat May 25 11:10:51 EDT 2024
Home#ForeclosurepediaNationContractual Lien Waivers Illegal In Tennessee

Contractual Lien Waivers Illegal In Tennessee

Tennessee figured out in 2005 that Lien Waivers were only calculated to defraud Contractors and Sub Contractors. Our then Governor signed it into law. Thanks to the efforts of American Subcontractors Association (ASA) members in Tennessee, construction contractors and subcontractors no longer can be contractually required to relinquish their mechanic’s lien rights. After ASA members called for reform, on May 19, Gov. Phil Bredesen (D) signed H.B. 743, amending Section 66-11-124 of the Tennessee Code to state . . .

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Paul Williams
Paul Williamshttps://foreclosurepedia.org
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