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Assignment of Rents Agreement | Canada

The borrower assigns to the lender all rent revenues from tenants in the property being mortgaged.
The assignment is given as security for repayment of the mortgage and performance of the borrower's obligations to the lender.
The rentals continue to be paid to the borrower / assignor until such time as the lender / assignee gives a demand in writing to the tenants to pay the rents to the assignee.
The agreement stays in effective until all of the monies due under the mortgage have been paid in full.
An Assignment of Rents Agreement is a good means of obtaining additional security for performance under a loan agreement. You can download it immediately following purchase.
This form is governed by the laws of Canada.

$11.99

The lenders are both secured parties under loan agreements or credit arrangements with the debtor. The Agreement sets out the priority of the lenders' security positions.
Each of the lenders agrees that its security will rank equally in priority, notwithstanding the date of execution or registration, or other factors.
Any default by the debtor will be deemed to be a default under security held by each of the lenders.
This is a generic legal contract which does not specifically reference the laws of any country, state or province.
The Priorities Agreement Between Two Lenders is in MS Word format and is easy to download and use.

$6.29

Interest on the principal amount secured by the Debenture will be compounded semi-annually and paid monthly.
The Debentures are issuable as fully registered Debentures under the terms of a Trust Indenture.
The Debenture does not become obligatory until it is certified by the trustee.
This Demand Debenture template is available as a downloadable MS Word file which can be easily customized to fit your needs.

$6.29

This promissory note template provides that the balance outstanding on the loan will be forgiven when the lender dies.
The borrower agrees to make monthly payments against the loan secured by the promissory note.
The borrower can prepay the full amount at any time without paying a prepayment penalty.
If the lender dies before the loan is completely repaid, any balance remaining unpaid at that time is forgiven.
This Promissory Note to be Forgiven on Death of Lender form is a downloadable MS Word file which can be used anywhere.

$2.29

This type of Promissory Note would most commonly be used when the borrower and the lender have a close relationship, such as family members, when no interest would be charged on the loan balance.
The form is a generic template which can be used anywhere.
This Demand Promissory Note with No Interest form is available in MS Word format and is easy to use. Just download, fill in with the details of the transaction, and print.

$2.29

The Grid Note is made as security for a lending agreement between the borrower and the lender.
This form of Note is often used to secure a loan where more than one advance of loan proceeds would be made, such as construction financing.
This is a generic legal form which can be used anywhere.
The Grid Promissory Note for Multiple Loan Advances template is easy to download, fill in with your details, and print.

$6.29