Power of Sales Real Estate

Big Savings at CostcoFinance.com!

Bookmark and Share
 
 
ForSaleByOwner.com
 
 
ForSaleByOwner.com

Mortgages Act, R.S.O. 1990, c. M.40

Mortgages Act

R.S.O. 1990, CHAPTER M.40

Consolidation Period: From January 31, 2007 to the e-Laws currency date.

Last amendment: 2006, c.17, s.252.

SKIP TABLE OF CONTENTS

CONTENTS

   

PART I
RIGHTS AND OBLIGATIONS OF MORTGAGORS AND MORTGAGEES

2.

Obligation on mortgagee to transfer instead of reconveying

3.

Right of mortgagor to inspect title deeds

4.

Right of mortgagor to copy of mortgage

5.

Action for possession of land by mortgagor

6.

Application of insurance money

7.

Covenants to be implied:

8.

Implied covenants in mortgages are joint and several

9.

Exception

10.

Release of equity of redemption without merger of debt

11.

Powers of executors of mortgagee

12.

Payment: miscellaneous provisions

13.

Defence of purchase for value without notice

14.

Exemption from liability to distress

15.

Limitation upon right to distrain

16.

Notice of sale

17.

Payment of principal upon default

18.

Right to redeem after 5 years

19.

Paying off mortgage when provision made for a lower rate for punctual payment

20.

Mortgagee’s right of action

21.

Building mortgages

22.

Relief before action

23.

Relief after action commenced

 

Go Part-II  

 

Nawel K. Seth, M.A.Sc; MBA; M.V.A.
Broker of Record
Trail Blazers Realty
, Brokerage,
Toronto Tel: 416.630.1999 / 905.660.7999. Toll Free 1.866.890.1999

 

##FOOTERMENU##

IP Address Location


 
Poswer of Sales   |