Holdbacks, Holdback Accounts, and Payment Discipline Under the BC Builders Lien Act

Holdbacks, Holdback Accounts, and Payment Discipline Under the BC Builders Lien Act

Master the essentials of holdbacks in residential construction to ensure compliance and protect against lien exposure. This course is vital for builders and administrators navigating payment complexities.

Course curriculum

1. Implications of Poor Holdback Practices
1. The Statutory Framework
1. Adjusting for Contract Changes
1. Roles and Responsibilities
1. Best Practices for Payment Management
1. Corrective Actions
1. Documentation and Procedures
1. Legal Considerations
1. Monitoring Compliance

About this course

$90.00
9 lessons
0 hours of video content

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