Nova Scotia Postponement Agreement
Use this template to prepare a Postponement Agreement between two mortgage lenders holding mortgages on the same property in Nova Scotia.
- The parties agree that the second mortgage will take priority over the first mortgage.
- The first mortgagee agrees to postpone its security, in return for the second mortgagee paying the first mortgagee a specified sum.
- The template can be re-used over and over again, and edited to fit your business' requirements.
This Nova Scotia Postponement Agreement is a downloadable template in MS Word format. Buy, download, use immediately.