What's the release through date on a lien waiver release form?An explanation of what the "release through date" is on a Lien Waiver Release FormRelease Through Date Dear Lou: Thank you, I'm glad to hear that you're enjoying the forms you purchased! :) To answer your question, yes the instructions included with the release form do explain release dates and how to handle the situation you described. :) The release through date for the release form is the date that you're invoicing the job through. When you invoice on a project there's always a date that you're invoicing through. This means you add together all the expenses up to and through the date you're invoicing through, add the profit earned through that date and that's your invoice amount. You'll enter the date you're "invoicing through" as the release through date on the release form because, the release form releases your lien rights through the date that you enter in that release-through-date field and you NEVER - NEVER - NEVER want to release your lien rights for work you've done on the job or material you've supplied to the job when you haven't yet submitted an invoice or been paid for it (the work and/or material). NEVER - NEVER - NEVER make the release through date to be the same date as the actual date of the invoice UNLESS the date you're invoicing through is the same date that you're preparing the invoice. Want to be a PRO at doing lien release forms?--> Check out our lien waiver release forms package that includes an in-depth article that'll tell you EXACTLY how to do lien release forms!Please note that the information posted at this website is not to be taken as legal advice. Please contact an attorney for help with specific legal questions. |
