RELEASES MUST MAKE CLEAR THE MONIES IT APPLIES TO

By Jayne Czik, Esq.
Contributing Editor

When drafting and signing releases, general contractors and subcontractors must make certain that they are not inadvertently releasing or keeping open claims. Typically, when a general contractor makes a progress payment to a subcontractor it requires the subcontractor to sign a partial release in which it gives up its right ... Log in to view the full text.