I'm looking at using the AIA template A "Standard form of agreement between owner and contractor for a residential or small commercial project" for building a small building on my property. In the past I've been advised to obtain lien waivers from major subs and suppliers to protect against the GC not paying the suppliers or subs. In this template the GC warrants that title passes to the owner on payment, but there is no requirement for documentation of payment to the subs. For those of you who use these templates, are you comfortable with the provisions as written in the template?
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In such event, it is normal for the contractor to submit G and GA along with attached releases or waivers of liens for the contractor, all subcontractors, and others who may have lien rights against the owner's property.
The contractor is required to list any exceptions to the sworn statement provided in GA, and may be required to furnish to the owner a lien bond or indemnity bond to protect the owner with respect to such exceptions. Copyright Law and International Treaties. Unauthorized reproduction, display or distribution of an AIA Contract Document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law.
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AIA contracts and lien waivers