Which one of the following is true with respect to the builder's lien acts?
A) Various provincial statutes give suppliers of work and materials a claim for payment against the land enhanced by their services.
B) If a lien claimant files his lien within the time set, he can be assured that he will collect the full amount of his claim.
C) Compliance with the statutory holdback provisions is required, but gives an owner no protection against potential lien claims.
D) If a lien claimant loses the right to file a lien, he also loses the right to sue for breach of contract.
E) A lien claimant owed money by a general contractor can choose to pursue either the general contractor or the property owner for the full amount of the claim.

Question

Quizplus · Accepted Answer

A) Builder's lien acts across various provinces indeed provide suppliers of work and materials a legal claim against the property that benefits from their labor or materials, ensuring they have a mechanism to seek payment.

Which One of the Following Is True with Respect to the Builder's