Know the important Search W’s
Protect yourself by knowing and understanding the Who, What and the Where of your current or potential customer.
Lien-Pro can perform searches to help you better understand your current or potential customer and the project where you are supplying work and-or material. If your customer is not COD, learn Who they are and where the work is being done to protect yourself and your work in the event of non-payment. Knowing your customer ensures you prepared should you need to take action in the event of non-payment.
Who is your Customer?
A corporate search business search will tell you about your customer – learn their legally registered name, their legal entity type, their status, registered office address and in some provinces, the owners, directors and shareholders of the company. Knowing this information in advance will help you understand your customer. In the event of non-payment, you know against whom you should file your lien and who to pursue legal action, if necessary. Here, you will find more detailed information on Corporate Searches.
What is registered against your customer?
A PPR or Personal Property Registry Search will tell you if there are any registrations against your customer. For example, a PPR will tell you about security registrations - if your customer is using an asset as collateral. If your customer has a writ or judgement against them, these will also appear. Here, you will find more detailed information on PPR Searches.
Where is the property/project located?
A land title search lets you know about the property where the project is taking place. The title will tell you who owns the property and if there are any registrations against it – liens, writs, caveats, etc. The presence of these registrations could be a flag that there are issues with the project. Here, you will find more detailed information on Land Title Searches.
Protect yourself financially and know as much about your customer and the project where you are supplying your services. If you have question or concerns take advantage of our free Introductory consultation on Searches.
