Link title in the Home Remodeling Contract

Aug 6th, 2022
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How to link title in the Home Remodeling Contract

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hi Im Scotty from Ogden built and today were going to talk about Construction contract Basics if youre a contractor in the construction industry you got to have some contracts in place you got to have some agreements in place were going to talk about why we need to do this and basic steps along the way as to what to include in your contracts the reason that I started writing contracts is because I had a builder that really wanted to know what I was including because he didnt want a list of extras at the end of the job and I was really apprehensive to write this because I thought it was going to trap me into something that I wasnt going to make money on I ended up writing an agreement and because I was so detailed in thinking about the steps along the way I included every little detail in writing and I allowed for that price so at the end the owner was satisfied that I did what I promised and I was also satisfied because I included everything and and actually got paid for that and

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Lien Registration Fees The fee to register a construction lien in Ontario is $71.20, as of March 2023. This fee is payable to the Ministry of Government and Consumer Services. Discharge Fees If the lien is discharged, there may be additional fees involved.
Ontario has a law known as the Construction Act, which allows anyone who supplies materials and other services toward the construction or renovation of a building to put a lien on the property (including the land). Some examples are general contractors, subcontractors, labourers, and suppliers.
Under the Ontario Construction Lien Act a lien must be registered at the Land Titles Office within 60 days from the date the work is completed or the materials supplied to the project job site.
Each province has different rules about the time limit of a lien. In Alberta, for example, your lien is valid for 180 days from the date the lien was placed. In Ontario, liens are only valid for 90 days from the date of last on site working.
A lien must be perfected prior to 90 days from the last date on which the lien could have been preserved. Therefore, in total, a Lien Claimant has 150 days to preserve and perfect their lien from the earlier of the contract being completed, abandoned or terminated.
In Ontario, there is the Construction Act. This allows anyone supplying service or materials to put a lien on the property. This applies to anyone who provides services for either the owner, a contractor or even a subcontractor. The only exception to this is if the owner is the federal or provincial crown.
You may not know that in Canada there are actually a few different types of property liens that can be placed against your home. These include mortgage liens, mechanics liens, and general judgment liens. Some liens can be useful to borrowers in allowing them to take on a loan for a large asset like a mortgage.
Of the three types of liens (consensual, statutory, and judgment), the judgment lien is the most dangerous form, but one which the informed business owner may be able to eliminate. A judicial lien is created when a court grants a creditor an interest in the debtors property, after a court judgment.

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