Tips from Centra Lawyers

Should I hold back 10% of the project payments?

Should I hold back 10% of the project payments?

Section 4 of the Builders Lien Act requires the owner to retain a holdback equal to 10% of the total payments made under the contract. As this is a statutory requirement, this is not negotiable.

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Lawyers

Partner – Barrister, Solicitor & Family Mediator

Partner – Barrister, Solicitor, Notary & Trademark Agent

Sherri Robinson

Partner – Solicitor and Notary

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Marcela Shockey

Partner – Barrister, Solicitor & Notary

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Associate Lawyer

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Legal Assistant

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Legal Assistant

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Legal Assistant

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Our Mission

Centra Lawyers is a full-service law firm serving primarily the Maple Ridge, Pitt Meadows and the Lower Mainland of BC. Our lawyers, and support staff, are committed to our clients’ matters and will do what it takes to deliver excellent service at an affordable price.

Address

102 – 20110 Lougheed Highway, Maple Ridge, BC, V2X 2P7

Phone

Phone: (604) 463 8890
Fax: (604) 463 6760

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Mon-Fri:
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Centra Lawyers LLP

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