If a subcontractor signs an Unconditional Waiver and Release, what is extinguished?

If a subcontractor signs an Unconditional Waiver and Release, what is extinguished?

• A. Right to sue for damages
• B. Right to lien, stop payment notice, or payment bond
• C. Right to claim warranty
• D. Right to file a change order

Answer: (B)

Unconditional Waiver and Release is aimed at removing remedies tied to payment. When a subcontractor signs it, they permanently give up their lien rights, stop notices, and any claims against a payment bond for the amount covered by the payment. That’s why the extinguished rights are the lien, stop payment notice, or payment bond rights. Warranties and contract-change rights aren’t automatically wiped out by this kind of waiver, and a separate warranty or change-order process remains governed by the contract.

Unconditional Waiver and Release is aimed at removing remedies tied to payment. When a subcontractor signs it, they permanently give up their lien rights, stop notices, and any claims against a payment bond for the amount covered by the payment. That’s why the extinguished rights are the lien, stop payment notice, or payment bond rights. Warranties and contract-change rights aren’t automatically wiped out by this kind of waiver, and a separate warranty or change-order process remains governed by the contract.