Facts On Liens in Alberta

Liens are in existence to protect people against non-payments and misuse. Alberta being a great city that has a very high population does not take this lightly. A lien can be very effective when applied in the case of disputes against payment of contractors and suppliers. Filing such a claim is easy and straight forward.
The lien has a lot of conditions and clauses so that people don't abuse it as it doesn't require evidence of debt. All one needs is a very small fee and a sworn statement to register a claim at the land titles offices. It can also be done via mail. That is how simple it is to register a lien. It is wise to read through the entire Act before filing a lien against anyone so that you don't commit perjury along the way. Examine the knowledge that we shared about Builders Liens Alberta Deadlines.

Lien Alberta has time limits and they are all different. It is crucial to note that one is required to file lien within forty five days since the last day of work which is mandatory. It is also important to note that a lien can lapse. This basically can happen after one hundred and eighty days if there are any malpractices or the law was not followed to the point, just because of any irregularities.

Lien can also act as a barrier when selling a house as it can inhibit the selling process. It can also interfere with your credit rating as well as ones status of bank. There is also lien holdback as an owner. Get more information about Builders Liens.

The lien might have placed correctly or falsely because it is not difficult to file a lien. All that is needed is a sworn statement and some little money and you are good to go. Many people have found themselves culprits of false liens placed on their land. The thing is, if you can prove with evidence that you are being falsely accused then the lien will be removed and your accuser punished for perjury.

Immediately you get a notice from the accuser you can work to disprove it before the lien is put on your property. If there is evidence that you are innocent it will not be placed. In case you deserve it, you can work to remove it after the deal is sealed. Most of the time owners just wait for the lien to expire which is within 180 days. This is only possible if no legal action is taken within that time frame. Seek more info about builders liens https://en.wikipedia.org/wiki/Lien.