Not quite. The answer is A: Acceptance releases all claims for interest on that payment.
Under 13-11-7 subsection a, acceptance of a progress payment or the final payment releases all claims for interest on that payment. Saying interest keeps running until a signed release ignores that acceptance itself is the release. The 90-day window comes from lien waiver law, not interest claims. Nothing in the statute doubles the rate; willful breach only makes the statutory 1 percent rate apply in place of a contract rate.
0 of 1 right so far.
Question 2 of 10.
A claimant signed a lien waiver but has not been paid. Under O C G A 44-14-366(g)(2), what must the claimant do before the 90-day period ends to keep the waiver from taking effect on day 90?
A: Revoke the waiver by letter to the contractor
B: File a claim of lien in the county where the property is located
C: File an affidavit of nonpayment in the county where the property is located
D: Send the owner a written demand for payment
NEXT: A · B · C · D
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