Did you know that the construction industry has an advantage over other sectors of the economy? By observing certain formalities, it is possible to register a builders’/mechanics’ construction lien (legal hypothec in Québec). One of the best ways to file your lien is to conduct a title search on the project and notify your contract to all parties. Here are the steps for best protection.
Talk to your Marathon representative for more information.
This type of security is given to certain providers or subcontractors, especially for public or parapublic construction projects. It is important to ask for it as soon as construction begins. It is equally important to respect certain contractual conditions.
**Source: Deschênes Beaudoin – Avocats
Notices sent by registered mail to involved parties and copies to all involved to file a request for payment.
When you supply goods or services or participate in the construction or renovation of an immoveable, you can publish your right to a construction lien. It is essential to respect the prescribed time period, as well as to observe certain formalities according to the laws of the jurisdiction where the merchandise was sold and installed.
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