Liens. A lien is a claim or legal right against an asset that can be used to pay back a debt. An entity that is owed money may be able to seize the asset of the person that owes them and sell it so they can recoup the debt. Condominium corporations automatically have liens against an owner's unit if that owner does not pay their common.. The simplest way to have a lien on your property released is simply to repay your loan, or to meet the terms of the loan agreement. If, for instance, you pay off your mortgage, the lien will be released on your home. In Canada, any lien on your property will be registered with the Land Registry of your province, and will therefore show up in.
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The Superior Court decision. On January 10, 2023, the Court dismissed North Bay's motion to discharge XPL's claim for lien. However, the Court did use its discretion under the Act to reduce the amount of XPL's lien from $872,617.26 to $699,535.02, on a without prejudice basis to either party. The sole issue before the Court was whether North.. You are responsible for verifying the accuracy of the search request or registration information. Individual Non-Specific (IN) Individual Specific (IS) Business Debtor (BD) Motor Vehicle (MV) This service is tested daily with McAfee SECURE™ to ensure the security of the transaction and information. At ServiceOntario, we respect your right to.
