A legal relationship in common law where the physical possession of personal property is transferred from one person to another person.
The PPSA gives guidance about the rights of the parties involved: the lender and borrower, also known as the lessor and lessee, or the creditor and debtor.
The PPSA stands for the Personal Property Security Act. It is an act created by the Ontario Government to protect the people involved in both sides of a...
If a landlord finds personal belongings, goods, equipment or inventory (aka chattels) left behind in their Commercial Unit after a tenant is believed to...
Often, the landlord’s intent is to get hold of the goods located inside the leased premises either as ransom to get the rent arrears paid.
RSLA lien on an item not only takes priority over the owner’s rights, it also overrides other competing security interests
Watch tenant arrears closely and establish processes that make sure you are made aware of payments or non-payments as soon as possible.
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