Contractor's Release and Waiver of Liens (Canada - Ontario)

When a general contractor completes a project and receives payment in full, it is important that the contractor give the customer a release and waiver of liens. A Release and Waiver of Liens is a legal form which explicitly states that the customer has paid in full and that no liens against the customer’s property are in effect. This release allows the customer to prove to future creditors or lenders that his/her property is free and clear of encumbrances that may have arisen out of this particular contracting project. (continued ...)