RSLA · Video
What Is the Purpose of Ontario’s Repair and Storage Liens Act (RSLA)?
Michelle Haigh 39 seconds
About this video
What is Ontario’s Repair and Storage Liens Act, and why does it matter to lenders and lessors? This video explains the Act’s role in securing unpaid repair and storage charges and outlines how it affects lien priority, asset release, and dispute resolution when collateral is held.
Precision Paralegal Services helps secured creditors navigate RSLA disputes and pursue recovery of their assets.
Read video transcript
So, what is the purpose of Ontario’s Repair and Storage Liens Act, often referred to as the RSLA? In Ontario, the RSLA gives repairers and storers a legal lien to secure unpaid repair and storage charges. A valid lien allows retention and, in some cases, sale of the article. And for lenders and lessors, the RSLA sets ground rules for priority, release, and dispute resolution when collateral is held. At Precision Paralegal Services, we navigate the RSLA rules to protect secured creditors’ rights and speed up your recovery.
This video provides general information, not legal advice. Available remedies depend on the circumstances.
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