A recurring issue for construction and builders liens is whether the liens have priority over mortgage advances. One question which does not often arise is: what sort of payments by a mortgagee do constitute “advances” under a mortgage? In other words, what sort of payments by a mortgagee can even qualify for priority over lien […]
Continue Reading →What Mortgage Payments Are “Advances” That Have Priority Over Lien Claims?
Posted by: Construction Law Canada
25
Mar