A lien act requires tie owner of land or a building under construction to:
A.
pay liens only to workers or suppliers with whom the owner has a contract.
B.
hold back the payment for construction until the Job is completed.
C.
pay Mans automatically if the Man claim is filed within the legal limitation period.
D.
hold back a specified percentage of construction costs to pay possible claims.
The Answer Is:
D
This question includes an explanation.
Explanation:
The Lien Act stipulates that the owner of land or a building under construction must hold back a specified percentage of construction costs to pay possible claims. This ensures that funds are available to settle any claims from workers or suppliers before the final payment is released, thereby protecting the financial interests of all parties involved in the construction .
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