On July 1, 2018, most of the revisions of the overhauled Construction Lien Act (which was renamed the Construction Act (the “New Act”)) came into force in Ontario. On October 1st of this year the prompt payment and adjudication provisions will come into force. This “News Release” is Part I of a three-part series: it deals with the situation where a tenant constructs improvements in accordance with its lease; Part II will explain the holdback system and how to remove a construction lien from title; and Part III will outline the prompt payment and adjudication regime (which is new not only to Ontario, but also to Canada).
Read the full article here:
Construction Lien Primer - July 4-2019
The information contained in this article is provided for general informational purposes only and does not constitute legal advice. No recipient of this content should act, or refrain from acting, based on any information included without seeking appropriate legal or other professional advice on the particular facts and circumstances at issue.
