{"ok":true,"canonical_url":"https://dealroom.so/glossary/lien-waiver","api_url":"https://dealroom.so/api/public/glossary/lien-waiver","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"lien-waiver","term":"Lien waiver","group":"Doing the deal","definition":"A document signed by a party (like a contractor or supplier) relinquishing their right to place a lien on a property or asset. It ensures the buyer takes assets free of undisclosed claims.","what_it_means":"In an asset purchase, especially if there's inventory or equipment involved, your lender may require lien waivers from the seller's major suppliers or creditors. This confirms that those parties won't later claim a right to the assets you're buying. It's a key step to ensure you acquire \"clean title\" to assets.","url":"https://dealroom.so/glossary/lien-waiver","official_sources":[],"related":[{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"clean-title","term":"Clean title","url":"https://dealroom.so/glossary/clean-title"},{"slug":"ucc-lien","term":"UCC lien","url":"https://dealroom.so/glossary/ucc-lien"},{"slug":"proper-perfection","term":"Proper perfection","url":"https://dealroom.so/glossary/proper-perfection"}],"related_questions":[{"question":"When is a debt service coverage ratio waiver or exception possible for an acquisition?","url":"https://dealroom.so/for-lenders/questions/when-is-a-debt-service-coverage-ratio-waiver-or-exception-possible-for-an-acquisition"},{"question":"When must a lender take a lien on specific equipment for collateral, beyond a blanket lien?","url":"https://dealroom.so/for-lenders/questions/when-must-a-lender-take-a-lien-on-specific-equipment-for-collateral-beyond-a-blanket-lien"},{"question":"Is a separate lien required on each piece of equipment if a blanket lien is already in place?","url":"https://dealroom.so/sba-7a/questions/is-a-separate-lien-required-on-each-piece-of-equipment-if-a-blanket-lien-is-already-in-pla"},{"question":"Does the SBA take a lien on my personal home as collateral?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-take-a-lien-on-my-personal-home-as-collateral"},{"question":"Is a blanket lien on all business assets a standard SBA requirement?","url":"https://dealroom.so/sba-7a/questions/is-a-blanket-lien-on-all-business-assets-a-standard-sba-requirement"},{"question":"What is the SBA's general requirement for lien position on business collateral?","url":"https://dealroom.so/for-lenders/questions/what-is-the-sba-s-general-requirement-for-lien-position-on-business-collateral"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Lien waiver","url":"https://dealroom.so/glossary/lien-waiver","source_type":"DealRoom Data"}}