Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on May 22, 2012
A few people have been asking me what I know about commercial liens and if I would share. This is my understanding...ya never know...I could be wrong, It has happened b4, back behind the barn there, that one time back in the 80's...lolz, so don't take my word for it, research and verify for yourself.
The Rationale of Liens and Registering Liens
The principle of liens developed many hundreds of years ago as a way of protecting people, who put effort and materials into preserving or bettering another's property, from the risk of not being paid when that property was taken from them or sold to another person.
Canadian courts have consistently held that the ranking of lien holders in respect of vessels is a matter of Canadian maritime law, and that Canadian maritime law is a body of federal law that trumps provincial law that contradicts it.
DISCLAIMER I/me/myself/us/we/ourselves, Allen-Nelson of the Boisjoli family, Sacred Trustee, am not an expert and have no formal training in law, therefore any and all presentations, methods or opinion is for discussion and educational purposes only. User accepts that any methods presented or discussed is/are utilized at Users own risk; and, Allen-Nelson of the Boisjoli family is only presenting or demonstrating educational information or opinion and is Held Harmless and Not Liable for actions of User. User accepts that every Individual is responsible for their own actions. ALL RIGHTS RESERVED