A claimant signs and delivers a waiver and release. Which parties can the release protect in the payment context?
Correct Answer
C) The owner, construction lender, and surety as applicable.
CSLB explains that a signed and delivered waiver and release can release the owner, construction lender, and surety as applicable.
Why This Is the Correct Answer
CSLB explains that a signed and delivered waiver and release can release the owner, construction lender, and surety as applicable.
Why the Other Options Are Wrong
Option A: Release payment based only on the contractor's assurance where a claimant signs and delivers a waiver and release, without reconciling the waiver or coverage paperwork first.
Release payment based only on the contractor's assurance where a claimant signs and delivers a waiver and release, without reconciling the waiver or coverage paperwork first. skips the written authority, scope, price, notice, or release control needed for lien releases.
Option B: Accept an informal payment memo where a claimant signs and delivers a waiver and release, instead of checking the release or certificate before relying on it.
Accept an informal payment memo where a claimant signs and delivers a waiver and release, instead of checking the release or certificate before relying on it. skips the written authority, scope, price, notice, or release control needed for lien releases.
Option D: Wait until final closeout to review claimant or insurance paperwork where a claimant signs and delivers a waiver and release.
Wait until final closeout to review claimant or insurance paperwork where a claimant signs and delivers a waiver and release. skips the written authority, scope, price, notice, or release control needed for lien releases.
Memory Technique
Explaining Legal shortcut is not a term until paper carries it.
Reference Hint
Study anchor (closed-book): memorize Lien releases from CSLB Conditional and Unconditional Waiver and Release Forms. / California Civil Code waiver and release forms; know the rule or calculation trigger without relying on exam-room lookup.
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