Whose Responsibility is it To Get These Releases?

You can stipulate in the agreement with your contractor that he must provide all releases of lien. If it is not a part of the contract, however, or you act as your own contractor, you must get the releases. If you borrow money to pay for the improvements and the lender pays the contractor(s) directly without obtaining releases, the lending institution may be responsible to you for any loss.

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1. Whose Responsibility is it To Get These Releases?
2. What Can Happen If I Don't Get Releases Of Lien?
3. Who Can Claim A Lien On My Property?