Tips from Centra Lawyers

What can the holdback not be used for?

Section 6 of the Builders Lien Act prohibits using the holdback to pay for the completion of the contract, pay for damages, or any other purpose, until the possibility of a lien arising under the person who is in default is exhausted. If no lien is filed within the allowed 45 days, the holdback may be applied.

Share on facebook
Share on twitter
Share on linkedin

Services

Lawyers

Partner – Barrister, Solicitor & Family Mediator

Partner – Barrister, Solicitor, Notary & Trademark Agent

Partner – Solicitor and Notary

Partner – Barrister

Partner – Barrister, Solicitor & Notary

Associate Lawyer

Associate Lawyer

Legal Assistants

Client Services

Legal Assistant

Paralegal

Legal Assistant

Office Manager

Legal Assistant

Legal Assistant

Paralegal

Legal Assistant

Legal Assistant

Legal Assistant

Firm Bookkeeper