Commercial Tenancies Act (CTA)
Landlord barred from enacting Distress Remedy.
The following information is prepared for information purposes only. It is not intended to express a legal opinion. In all cases where you require a legal opinion, it is recommended that you contact a lawyer.
Should you have any questions or comments relating to this material, please contact Peter Balsdon at your convenience.
Consumer Protection Act, 2002 (CPA)-Application of 2/3rds Rule
A used car dealer sells a vehicle for the sum of $10,000.00. The purchaser decides to accept the dealers offer to finance the purchase.
Repair and Storage Liens Act (RSLA) –Barred from further legal action
A motor vehicle repairer performed substantial repair work on a vehicle which invoice totaled $5,000.
Personal Property Security Act (PPSA)-Exempt Collateral
A pay day loan company also advances loans against the security of vehicles providing that the vehicle is six (6) years or newer and lien free.
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