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    Canada Motor Vehicle Security Agreement


    Obtain a security interest in a borrower's vehicle with this Motor Vehicle Security Agreement for Canadian lenders.

    • The borrower (debtor) grants the lender (secured party) a security interest in the borrower's motor vehicle, to induce the lender to give credit to the borrower.
    • The borrower will carry fire, theft, collision and comprehensive insurance on the vehicle, and pay all taxes, liens and charges against the vehicle.
    • The borrower is not allowed to sell or encumber title to the vehicle as long as the Agreement is in effect.
    • This template can be used in any province or territory of Canada except Quebec.
    The Canada Motor Vehicle Security Agreement is downloadable and fully editable.
    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 1035