Slide side in the Mechanic's Lien

Aug 6th, 2022
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How to slide side in the Mechanic's Lien

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In this video I want to take a few minutes toexplain what mechanic lien law is when it pertains to home improvement contracts, especiallywhen it comes to roofing and actually any home improvement trade, this is all universal somechanics lien means contractors and home improvement providers and material suppliers can put a lienagainst your house if theyre not paid, anybody can put a lien on your house, even if you dont havea contract with that person lets say you hire a general contractor and a general contractorhires a roofer the roofer can put a lien on on your house the supplier of the roofer, so if theroofer buys material for your house and has it delivered to your house, that roofing materialsupplier can also put a lien your house now this is not as scary as it seems and I want togo down step by step explaining the different processes and forms you might see throughout theprocess and how to protect yourself and what this actually means now first things firs

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Mechanics Liens are a risk management tool to leverage payment from an overdue customer. A Mechanics Lien in these provinces ensures you have a secured interest in a property you have worked on- or supplied materials to a job site. Generally, liens are a collection tool in the event of non-payment.
Generally, you cannot sell a financed vehicle without paying it off because you need to pay off any remaining balance on the car loan to secure the title and release the lenders lien.
Resolving Property Liens in Ontario Sending a demand letter through a lawyer. Hiring a mediator to work out a settlement. Requesting a legally binding decision from the Ontario Dispute Adjudication for Construction Contracts authority (ADACC). For disputes under $35,000, suing in Ontario Small Claims Court.
A car lien is a lenders claim for repayment that they register against a car or other type of motor vehicle. Lenders have the right to place a lien on your car. Other companies like garages also have that right. Its called a mechanics lien. Liens stay registered on your car until youve paid your debt in full.
To clear the lien, the vehicle owner must first pay off the money owed on the car. The lender will provide a document stating that the lien has been discharged. Then, the record must be changed by the provincial body that governs transportation in your province give them a call and theyll walk you through the steps.
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.
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.

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