Notice of Interest in Collateral | Canada

Give notice of your security interest in a debtor's collateral with this Notice of Interest in Collateral template for Canadian lenders.

  • The Notice must be given by a lender or other secured party to any other person or firm which has a security interest in the same collateral.
  • This form can be used in any province or territory of Canada which has a Personal Property Security Act.
  • Available in MS Word format.
Document Type: Microsoft Word
Last Updated: 13-November-2024
SKU: 555
$2.29
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Assignment of Life Insurance Policy as Collateral

Transfer a life insurance policy to a lender as collateral for a loan with this Assignment of Life Insurance Policy form.

  • The lender has the sole right to collect any proceeds payable under the policy.
  • The lender is at liberty to surrender the policy and receive any distributions, dividends or surplus.
  • The assignor retains the right to collect disability benefits, designate or change beneficiaries, and elect for optional settlement.
  • The Assignment of Life Insurance Policy form is a generic legal template that makes no specific references to the laws of any country.
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Demand for Satisfaction from Proceeds of Sale | Canada

Recoup money owed to you by a debtor from a sale of assets by serving this Canada Demand for Satisfaction from Proceeds of Sale on the party selling the collateral.

  • The demand is given by a secured party to another secured party who is undertaking a sale of a debtor's assets.
  • The party making the demand has no security interest in the items being sold, but is owed money under a loan agreement, mortgage, etc. by the debtor whose assets are being sold.
  • This legal form can be used in any Canadian province or territory.
  • This form is available as a downloadable MS Word document.
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Renounce your rights in assets you used as collateral for a loan with this Renunciation of Rights in Collateral form, for use in Canada.

  • The Notice is given by a defaulting debtor to the lender who has a security interest in the assets..
  • The debtor renounces all rights it has in the collateral, and turns the collateral over to the lender, as secured party.
  • This form can be used in any Canadian province or territory.
  • The Canada Renunciation of Rights in Collateral template is a downloadable Microsoft Word document.
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