Mortgage Procedure
Is the lender a “foreign bank” (Bank Act, S.C. 1991, c. 46, s. 2)? If dealing with a foreign lender, consider whether filings need to be made with the mortgage—e.g., a Certificate of Status. If the lender is an individual, be alert to capacity issues, undue influence, and the Discipline Advisory on Private Lending, April 2, 2019. ................
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