Lien Waiver

Related terms

• Contract

  The legally binding agreement between owner and contractor that defines scope, price, schedule, and responsibilities. A remodel should ne…

• Lien

  A legal claim against your property for unpaid work or materials. A mechanic's lien filed by an unpaid subcontractor can cloud your title…

• Liquidated Damages

  A pre-agreed dollar amount the contractor owes the owner for each day a project runs past the contracted completion date. Must be a reaso…

• Knee Wall

  A short wall, typically under a sloped roof or supporting a counter or railing, that is less than full ceiling height.

• Load-Bearing Wall

  A wall that carries weight from the structure above down to the foundation. Removing or opening one requires an engineered beam and posts…

• Joist

  One of the repetitive horizontal members that support a floor or ceiling, spanning between beams or walls. Joist size, spacing, and direc…

• Mortar

  A cement-based paste used to bond masonry or, as thinset, to adhere tile to a substrate. Different mixes are rated for different applicat…

• Insulation

  Material that resists heat flow, rated by R-value, installed in walls, ceilings, and floors. Opened walls are the opportunity to upgrade…