Power of Sale Toronto - Genesis Associates Ltd.
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Genesis Associates Mortgage Brokers on Liens & Writ of Execution

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    Liens:

    A charge or security or encumbrance upon property.* It is specific to date and time of registration against the property to its effect as an encumbrance.

    Executions:

    An "execution" is a remedy afforded by law for the enforcement of a judgment of the court. An "execution lien" may be created by service of execution, levy upon real estate, and filing of a certificate of levy in the proper office where the real estate is located.

    Execution Sale is a sale by a sheriff or other officer under the authority of a writ of execution which he has levied on property of the debtor.

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    * Black's Law Dictionary; Henry Campbell Black, M. A.

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