Picture of Ontario Standard Terms for Fixed and Variable Rate Residential Mortgage Picture of Ontario Standard Terms for Fixed and Variable Rate Residential Mortgage Picture of Ontario Standard Terms for Fixed and Variable Rate Residential Mortgage Picture of Ontario Standard Terms for Fixed and Variable Rate Residential Mortgage

Ontario Standard Terms for Fixed and Variable Rate Residential Mortgage

These Standard Charge Terms are for a fixed and variable rate residential mortgage / charge pursuant to Section 9 of the Ontario Land Registration Reform Act.

  • Complete and file the Set of Standard Charge Terms with the Land Titles Office, which issues 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 / 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.
  • For use only in the Province of Ontario.
Document Type: Microsoft Word
Last Updated: 03-January-2024
SKU: 5238
$29.99
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  • When you file your initial set of Standard Charge Terms with the Land Titles Office, they issue you a filing number.
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