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

question 94

Multiple Choice

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 loses the right to file a lien, he also loses the right to sue for breach of contract.
• C) 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.
• 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.
• E) Compliance with the statutory holdback provisions is required, but gives an owner no protection against potential lien claims.