- Landowners
What does it mean to waive the landlord's lien?
Waiving the landlord's lien means that the landlord relinquishes their right to have a security in the form of a lien on the facilities or other items established on their property. This allows the involved banks to obtain the necessary securities for their loans, ensuring the financing of the project. As wind turbines and their accessories are often the most important assets of the project, they are used as collateral for the loan.