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    Curious2's Avatar
    Curious2 Posts: 2, Reputation: 1
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    #1

    Apr 9, 2007, 12:19 PM
    Can I put a lien on a property myself?
    I live in a major city in Ontario, Canada. I provided a substantial loan to a person renovating a property to flip. We have a written contract. That person is delinquent in repaying the loan by several weeks. I have not been able to have phone contact. Can I proceed to put a lien on the property or must it be done exclusively through an attorney?

    Curious 2
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #2

    Apr 9, 2007, 12:36 PM
    Doesn't have to be done by an attorney, but you can't just do it yourself. You have to sue the person, obtain a judgement, THEN place the lien.
    Curious2's Avatar
    Curious2 Posts: 2, Reputation: 1
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    #3

    Apr 22, 2007, 04:31 PM
    Quote Originally Posted by ScottGem
    doesn't have to be done by an attorney, but you can't just do it yourself. You have to sue the person, obtain a judgement, THEN place the lien.

    Thank you, ScottGem. Can a power of sale only be carried out by a bank or other financial institution?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #4

    Apr 22, 2007, 05:20 PM
    I don't know what you mean by a power of sale.

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