Which one of the following is true with respect to the builder's lien acts? 

a) Compliance with the statutory holdback provisions is required, but gives an owner no protection against potential lien claims. 

b) If a lien claimant loses the right to file a lien, he also loses the right to sue for breach of contract. 

c) Various provincial statutes give suppliers of work and materials a claim for payment against the land enhanced by their services. 

d) 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.

Answer rating: 100% (QA)

This Act may be cited as the Builders Lien Act ... View the full answer