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ARTICLE · 09 JUNE 2017

New Builder's Lien Amendments & Regulations

Recent amendments to the Builder's Lien Act and new Builders Lien Regulations, effective June 30, 2017, allow for early release of holdbacks to subcontractors and alter how finishing holdbacks...

CanadaReal Estate and Construction

Recent amendments to the Builder's Lien Act and new Builders Lien Regulations, effective June 30, 2017, allow for early release of holdbacks to subcontractors and alter how finishing holdbacks are calculated. These changes are particularly helpful to subcontractors who finish their work at an earlier stage of a project.

Early Holdback Release

When a subcontractor completes their work on a project, they can request their contract be certified complete by the Project Consultant (or the owner and general contractor if there is no Project Consultant). When the subcontract is certified complete, the owner has 10 days to post a notice of subcontract completion on the public portion of the Construction Association of Nova Scotia website and in a prominent location in the job site office, if such office exists. The notice must include the name and address of the owner, contractor, subcontractor, and person on whose certificate payments are to be made, as well as a

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