Property ownership rights

What is a Property Lien and Its Impact on Your Property

Over 15% of real estate transactions in Canada face delays due to unresolved liens. These legal claims bind assets to creditors until debts are settled, creating hurdles for buyers and sellers alike. Understanding their role is critical for anyone navigating Calgary’s competitive housing market. Liens act as safeguards for lenders, contractors, or tax authorities. When obligations go unpaid, creditors...

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