Registered Mortgage definition
Examples of Registered Mortgage in a sentence
You certify to us that all information that you give us about your marital status and the Property when applying for the Loan, and the statements made in the Registered Mortgage are true and accurate under the laws regarding spousal property rights in the province or territory in which the Property is located.
Capitalized words are used in the Mortgage with the particular meanings set out below: Additional Provisions means the schedule of terms attached to the Registered Mortgage or incorporated into the Mortgage by reference or by any additional or amending agreement.
Any agreement to make material changes to the Charge will not only apply to those who agree to the changes in writing, but to any Person, such as the Spouse (if any), who signed the Registered Mortgage Form.
Acceptable security types for BOQ Commercial lending include: • First Registered Mortgage over leasehold or freehold real estate property described or zoned as:o Residential property;o Commercial property; oro Vacant residential, commercial or rural residential landprovided that the property can be effectively mortgaged using BOQ’s usual security documents.
These Additional Provisions form part of the Registered Mortgage.