Significant changes to Alberta’s Builders’ Lien Act came into effect this week. The major changes, introduced by Bill 37 Builders’ Lien (Prompt Payment) Amendment Act, 2020, include:
- Renaming the Builders’ Lien Act to the Prompt Payment and Construction Lien Act;
- Setting prompt payment timelines;
- Extending timelines for registering liens;
- Mandatory release ...
Our Real Estate Law Blog provides brief commentary on current legal trends and developments affecting your business. The topics addressed in Lawson Lundell’s Real Estate Law Blog are of interest to commercial real estate developers, real estate and strata agents, investors, landlords and tenants, as well as a variety of industry groups.
Legal Disclaimer: The information made available on this webpage is for information purposes only. It does not constitute legal advice, and should not be relied on as such. Please contact our firm if you need legal advice or have questions about the content of this webpage.