Products tagged with 'canada loan form'

Subordinate the security interest of an existing lender to a new lender under the terms of this Postponement Agreement for Canadian provinces with PPSA legislation.

• The parties to the Agreement are (i) a borrower, (ii) the borrower's new lender, and (iii) a previous lender who is still owed money by the borrower.
• The first lender agrees to postpone its security to the new lender's security, notwithstanding that the previous lender is a secured creditor.
• The purpose of the Agreement is to induce the new lender to provide the borrower with loan financing, a line of credit, or other type of borrowing arrangement.
• This legal contract is available in MS Word format and is easy to download and use.
• The Postponement Agreement can be used in any province or territory in Canada which has a Personal Property Security Act.

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.

This Acknowledgement of Payment form confirms that a promissory note has been paid in full.

• This form should be signed by the lender when the full amount of the loan has been paid.
• Available as a free downloadable MS Word document.
• This form is intended for use in Canada.

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 legal form template is downloadable and fully editable.

Prepare a Chattel Mortgage for a loan transaction in Nova Scotia with this downloadable template.

• The Chattel Mortgage is being granted by a borrower to a lender as security for a loan.
• The borrower will retain possession of the chattels and will pay all expenses related thereto, including taxes, repair costs, license fees, etc.
• The promissory note is included with the mortgage form.
• Available in MS Word format.
• Intended to be used only in the Province of Nova Scotia, Canada.

Prepare a Collateral Mortgage and Promissory Note for Nova Scotia with this downloadable template.

Borrower's Obligations Under the Mortgage

The borrower (mortgagor) will continue to hold the property and is responsible for paying all taxes, rates and assessments levied against the property.

Insurance

The borrower is responsible for insuring the buildings on the land for full insurable value.

Default

If the borrower defaults, the lender has the right to appoint a receiver of the property.

Format and Jurisdiction

This Collateral Mortgage and Promissory Note is available in MS Word format. It is downloadable, fully editable, and reusable.

It is intended to be used only in the Province of Nova Scotia, Canada. English language version only. A French language version may be required to comply with provincial language laws.