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Accounts Receivable Security Agreement | Canada
Document your security interest in a borrower's property with this Accounts Receivable Security Agreement template for Canadian lenders.
- The Agreement is part of the documentation that the borrower must provide to the lender, to secure a loan or line of credit.
- The Agreement grants the lender a security interest in all of the borrower's present and future personal property including inventory, equipment, accounts receivable and book debts.
- The form is governed by Canadian laws and can be used in any province or territory which has Personal Property Security Act legislation.
- Buy and download the template in MS Word format. Other formats available on request.
$17.99
Alberta Guarantee and Postponement of Claim
Obtain a personal guarantee from the principals of a corporate borrower with this Guarantee and Postponement of Claim for the Province of Alberta.
- The Guarantee would be given by a director, shareholder, or sole proprietor of the corporation as security to guarantee repayment of the borrower's indebtedness to a lender if the borrower defaults in paying back the debt.
- The guarantor also agrees that any debts owed by the borrower to the guarantor will be postponed to the debts owed to the lender, and the lender's claims would take priority.
- A Guarantee and Postponement of Claim secures repayment of your debt. If you lend money or extend credit to customers in Alberta, you should have this form.
- The form includes the required Guarantees Acknowledgement Act acknowledgement, as well as an affidavit of execution.
- This legal document is intended solely for use in the Province of Alberta, Canada.
$17.99
General Security Agreement | Canada
Secure a loan or line of credit with this General Security Agreement for Canadian lenders.
- The borrower grants the lender a security interest in all of the borrower's personal property (inventory, equipment, accounts and book debts), and all income and proceeds from that personal property.
- The General Security Agreement secures payment and performance of all of the borrower's present and future indebtedness to the lender, including the lender's costs of enforcing the Agreement.
- The borrower agrees to protect and preserve the collateral property, to keep it in good condition and repair, to pay all taxes and charges levied against it, and to keep it fully insured.
- So long as the borrower is not in breach of its obligations, the borrower retains possession of the collateral and can use it in the ordinary course of its business.
- This legal document template is intended for use only in Canada.
$17.99
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Fixed Rate Closed Term Mortgage | Canada
Prepare a Fixed Rate Closed Term Mortgage with this template form for Canada.
- Standard provisions of the mortgage include:
- Equal monthly payments of blended principal and interest (and taxes, if the lender requires).
- On default, the lender has the right to take possession of the property by distress warrant or by foreclosing on the property.
- The lender has the right to bring legal action to recover mortgage arrears and costs, plus interest and any other amounts owing.
- Available in MS Word format.
- This template can be used in most Canadian provinces except for Quebec.
$29.99
Ontario Standard Terms for Straight Charge / Mortgage
Ontario lenders can use this template form to prepare Standard Charge Terms for a straight charge or mortgage under Section 9 of the Land Registration Reform Act.
- When you file your initial set of Standard Charge Terms with the Land Titles Office, they issue you a filing number.
- Each time you submit a Form 2 Charge / Mortgage of Land to secure a loan, you refer to the filing number.
- That will ensure that the loan agreement secured by the mortgage is governed by this set of standard terms.
To get your copy of the Standard Terms for Straight Charge / Mortgage, add it to your cart, check out and pay, and download the form to your computer.
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Ontario Standard Terms for Commercial Collateral Mortgage
Use this downloadable template to prepare a set of Standard Charge Terms for a commercial collateral mortgage under Section 9 of the Ontario Land Registration Reform Act.
- You first need to complete and file the Set of Standard Charge Terms with the Land Titles Office, which issues you a filing number.
- Each time you enter into a loan transaction with a borrower which is secured by this type of mortgage, you simply file a Form 2 Charge â„ Mortgage of Land which refers to this set of standard terms by filing number.
- This set of standard terms, and any addenda filed with the Form 2, will then govern the loan agreement between the parties.
These Standard Terms for Commercial Collateral Mortgage are a must-have item for any commercial lender in Ontario.
$17.99
