We have covered the basics of the Builders Lien Act [SBC 1997] Chapter 45 (the “Builders Lien Act”) in a previous post, discussed the importance for property owners of understanding the liabilities they face under the Builders Lien Act, and the importance of having a contract with a reputable contractor. There is, however, another shield provided to property owners under the …
Getting Paid: Mechanics’ Liens
It is not uncommon for tradespeople, professionals and businesses alike to encounter customers who refuse or neglect to pay their bills. Although a lawsuit is always an option in these scenarios, many simply choose to write off the loss as bad debt rather than throw good money after bad, especially when a debtor has relative few assets and a lawsuit …
Builder’s Liens In BC. Putting the squeeze on Home Owners
Many of our local and international clients are interested in building their own homes to live in or for investment. In BC, we have the Builders Lien Act . This is a key piece of legislation when building or renovating a residential or commercial property in BC. Too Easy and Too Costly This Act is so important because any person …