Document background
The Affidavit of Release of Liens is a critical document in Canadian construction and real estate transactions, used when parties need to formally verify that liens against a property have been released. This document becomes necessary at various stages: during project completion, before final payments, during property sales, or when refinancing. The affidavit must comply with provincial construction lien legislation and affidavit requirements, varying slightly by province. It includes detailed information about the property, the work performed, confirmation of payments received, and explicit statements releasing any claims to liens. The document requires notarization or commissioning and serves as legal evidence that the property is free from specific encumbrances, protecting owners, purchasers, and lenders. It's particularly important in construction project closeouts and real estate transactions where clear title must be established.
