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-   -   My sibs and I jointly own property in Ontario. Can either one of them... (https://www.askmehelpdesk.com/showthread.php?t=623330)

  • Dec 29, 2011, 08:25 PM
    cardinal123
    My sibs and I jointly own property in Ontario. Can either one of them...
    ... put a security lien on the property without my knowledge?
  • Dec 30, 2011, 08:47 AM
    excon
    Hello c:

    Do you mean can they obtain a mortgage or otherwise borrow against the property WITHOUT your approval??

    The answer is NO.

    IF that happened, your sibling is defrauding you. You can call the cops AND you can sue them. I don't know if I'd call the cops on my brother or sister... But, I'd sure as hell sue 'em.

    excon
  • Dec 30, 2011, 10:35 AM
    ScottGem
    Define security lien? A sibling MIGHT be able to borrow against their share of the property without involving the other owners. More details will help us help you.

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