TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

A land mortgage is a type of mortgage loan which is used to purchase land or a lot, in contrast with a structure which has been built on a piece of land. Buyers of raw land usually purchase land with the intent of developing it or establishing a structure. Land mortgages are different from mortgages for structures because, from the point of view of a bank, land is a less secure investment. If someone defaults on a land mortgage, the bank will be left with an empty lot which could be difficult to resell.  3, record 1, English, - land%20mortgage

Record number: 1, Textual support number: 1 OBS

Exceptionally, in the law of mortgages, leasehold interests are treated as realty.  4, record 1, English, - land%20mortgage

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 OBS

hypothèque immobilière : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  2, record 1, French, - hypoth%C3%A8que%20immobili%C3%A8re

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

Instrument means(a) a bill of exchange, note or cheque within the meaning of the Bills of Exchange Act(Canada),(b) any other writing that evidences a right to payment of money and is of a type that in the ordinary course of business is transferred by delivery with any necessary endorsement or assignment, and(c) a letter of credit or an advice of credit if the letter or advice states that it must be surrendered on claiming payment under it, but does not include(d) a document of title, chattel paper or investment property, or(e) a writing that provides for or creates a mortgage or charge in respect of an interest in land that is specifically identified in the writing.  2, record 2, English, - instrument

Record number: 2, Textual support number: 1 OBS

Within the meaning of the provincial personal property security acts.  3, record 2, English, - instrument

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 CONT

«effet» désigne a) une lettre de change, un billet à ordre ou un chèque au sens de la Loi sur les lettres de change (Canada), b) tout autre écrit qui atteste un droit à un paiement en argent et d'un genre transférable par livraison, accompagné des endossements ou cessions nécessaires dans le cours normal des affaires, et c) une lettre de crédit ou un avis de crédit si ceux-ci indiquent que la lettre ou l’avis doit être remis sur demande de paiement, mais à l'exclusion d) d'un titre, d'un titre de créance garanti, ou d’un bien de placement, ou e) d'un écrit qui prévoit ou crée une hypothèque ou une charge à l’égard d’un intérêt dans un bien-fonds qui est spécifiquement identifié dans l’écrit.  2, record 2, French, - effet

Record number: 2, Textual support number: 1 OBS

effet : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles (PAJLO).  3, record 2, French, - effet

Record number: 2, Textual support number: 2 OBS

Au sens des lois provinciales sur les sûretés mobilières.  4, record 2, French, - effet

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 OBS

To be effective, it [the legal charge] must be —(i) made by deed : a charge merely in writing will have no effect at law; and(ii) expressed to be by way of legal mortgage : the deed must contain a statement that the charge is made by way of legal mortgage, though such a statement is not required where the title to the land is registered.(Megarry's Manual of the Law of Real Property, 1982, 6th ed., p. 465).  2, record 3, English, - legal%20charge

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 OBS

sûreté réelle légale : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  2, record 3, French, - s%C3%BBret%C3%A9%20r%C3%A9elle%20l%C3%A9gale

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

There is no doubt that under a common-law mortgage the debt did not become extinguished by a foreclosure order. As is well known the old mortgage, which has been known for hundreds of years, was a conveyance of the land to the mortgagee, subject to certain rights on the part of the mortgagor. If the mortgagor failed to pay according to the terms of the mortgage he lost his rights and the mortgagee became the absolute owner of the lands without more.  3, record 4, English, - common%2Dlaw%20mortgage

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 OBS

Ne pas confondre les termes «hypothèque en common law» et «hypothèque de common law». Le terme «hypothèque en common law» désigne l'hypothèque telle qu'elle était conçue par le régime de la common law, avant que les dispositions législatives ne la privent d'effet dans ses principaux attributs ou encore plus anciennement, avant que l'equity ne la modifie considérablement dans son essence. L'hypothèque en common law opérait le transfert du titre de propriété sous condition résolutoire, et le défaut par le débiteur de s'acquitter de ses obligations à la date prévue lui faisait perdre irrévocablement son titre. Le terme «hypothèque de common law» désigne l'hypothèque qui grève un titre en common law, par opposition à l'hypothèque qui grève un titre en equity.  2, record 4, French, - hypoth%C3%A8que%20en%20common%20law

Record number: 4, Textual support number: 2 OBS

hypothèque en common law : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  3, record 4, French, - hypoth%C3%A8que%20en%20common%20law

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 CONT

It is an essential feature of a legal mortgage that it should vest the legal estate in land in the mortgagee, and it follows that any mortgage which does not transfer the legal estate cannot be a legal mortgage.  2, record 5, English, - legal%20mortgage

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 OBS

Ne pas confondre les termes «hypothèque de common law» et «hypothèque en common law». Le terme «hypothèque de common law» désigne l'hypothèque qui grève un titre en common law, par opposition à l'hypothèque qui grève un titre en equity. Le terme «hypothèque en common law» désigne l'hypothèque telle qu'elle était conçue par le régime de la common law, avant que les dispositions législatives ne la privent d'effet dans ses principaux attributs ou encore plus anciennement, avant que l'equity ne la modifie considérablement dans son essence.  2, record 5, French, - hypoth%C3%A8que%20de%20common%20law

Record number: 5, Textual support number: 2 OBS

hypothèque de common law : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles (PAJLO).  3, record 5, French, - hypoth%C3%A8que%20de%20common%20law

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 CONT

Although the term "legal mortgage" is inappropriate to a mortgage under the land titles system and is not in fact in common use, the term "equitable mortgage", which under the old system is used in contradistinction to a legal mortgage, is under the new system commonly used to indicate a mortgage or charge other than a registered or statutory mortgage. Under the old system any mortgage subsequent to a legal mortgage is necessarily an equitable mortgage, but under the new system a second mortgage is of the same nature as a first mortgage. In other respects, however, the ordinary rules as to equitable mortgages prevail under the land titles system. Thus, an equitable mortgage may be created by an agreement to execute a mortgage or to charge money on land or by deposit of documents of title.(Falconbridge on Mortgages, 1977, 4th ed., s. 10. 11)  2, record 6, English, - registered%20mortgage

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 OBS

hypothèque enregistrée : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  2, record 6, French, - hypoth%C3%A8que%20enregistr%C3%A9e

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 CONT

Provisions as to mortgages by subdemise... Where...(a) a lessee executes a mortgage by subdemise of the whole or part of the land comprised in his lease, retaining a nominal reversion therein...  2, record 7, English, - sub%2Ddemise

Record 7,  Textual support,  French

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 CONT

Building term loans are also available to finance the purchase of land and the purchase, construction or major renovation of an outlet. The amount of the loan cannot exceed 75% of the appraised market value of the land and buildings less the amount of any outstanding mortgage. These loans are normally repaid over a period of ten years or longer. Under special circumstances interest-only payments may be arranged for the first year.  1, record 8, English, - building%20term%20loan

Record 8,  Textual support,  French

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 CONT

If A, contemplating the purchase of land from S, grants a mortgage of that land to M before receiving delivery of the deed from S, and subsequently receives a deed, but gives back a mortgage to S as part of the purchase price, the feeding of the estoppel will give M only a title which is subject to S’ s vendor's lien and mortgage. In this example, S is a stranger to the mortgage deed from A to M, and is not affected by any estoppel which M could raise against A. [Anger & Honsberger, 2nd ed., 1985, p. 1475].  1, record 9, English, - feeding%20of%20the%20estoppel

Record 9,  Textual support,  French

Record number: 9, Textual support number: 1 OBS

soutien de la préclusion : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 9, French, - soutien%20de%20la%20pr%C3%A9clusion

Record 9,  Textual support,  Spanish

Record 10,  Textual support,  English

Record number: 10, Textual support number: 1 CONT

The proprietor of a charge or incumbrance may at any time charge the mortgage debt with the payment of money in the same way as the proprietor of land can charge the land; and such charges are called sub-charges.(26 Halsbury, 4th ed., p. 533).  1, record 10, English, - sub%2Dcharge

Record 10,  Textual support,  French

Record number: 10, Textual support number: 1 OBS

sous-charge : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 10, French, - sous%2Dcharge

Record 10,  Textual support,  Spanish

Record 11,  Textual support,  English

Record number: 11, Textual support number: 1 DEF

The taking or seizure of property by government. (Black, 5th, p. 1172)  1, record 11, English, - requisition

Record number: 11, Textual support number: 1 CONT

The word "requisition" is used broadly to cover anything formally required of the other side in a real estate transaction. The thing required may be the correction of a title defect, the production of a draft document, a survey, mortgage statement, Land Division Committee consent or any other thing to which the party to the transaction is entitled. The object of making the requisition may be simply to remind the other party of an obligation under the contract to produce or do some specific thing or it may be to preserve a purchaser's right under the contract with respect to an alleged title defect.("Law Society of Upper Canada, Bar Admission Course, Real Estate Law", 1990-91, p. 8-1).  1, record 11, English, - requisition

Record 11,  Textual support,  French

Record number: 11, Textual support number: 1 OBS

réquisition : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 11, French, - r%C3%A9quisition

Record 11,  Textual support,  Spanish

Record 12,  Textual support,  English

Record number: 12, Textual support number: 1 CONT

S. 12(7. 1) was added to provide that if an applicant were to apply to bring the title to his land under the Act, subject to an outstanding interest or encumbrance, "e. g. "a mortgage which he is assuming, then the application need not be accompanied by the consent of the holder of the encumbrance and no notice need be served on him.("Overriding Interests to Real Property in New Brunswick", 1987, Annex "O").  1, record 12, English, - outstanding%20interest

Record 12,  Textual support,  French

Record number: 12, Textual support number: 1 OBS

intérêt subsistant : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 12, French, - int%C3%A9r%C3%AAt%20subsistant

Record 12,  Textual support,  Spanish

Record 13,  Textual support,  English

Record number: 13, Textual support number: 1 CONT

A mortgage under the "Land Titles Act" does not convey the legal estate but creates a charge or security only. A transfer of a land title charge or mortgage must in form comply with the relevant provincial statutes.(Anger and Honsberger, 1959, p. 977).  1, record 13, English, - land%20title%20charge

Record 13,  Textual support,  French

Record number: 13, Textual support number: 1 OBS

charge en régime d'enregistrement des titres : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 13, French, - charge%20en%20r%C3%A9gime%20d%27enregistrement%20des%20titres

Record 13,  Textual support,  Spanish

Record 14,  Textual support,  English

Record number: 14, Textual support number: 1 CONT

Where a mortgage of land or buildings is executed with the intention that the mortgagor shall remain in possession, it was formerly usual to insert in the mortgage a clause of attornment by which the mortgagor attorned tenant to the mortgagee at a rent equal to the yearly interest on the debt, or sometimes in excess of the interest so as to go towards reduction of the principal.(Jowitt, 2nd ed. 1977, p. 159).  1, record 14, English, - attorn%20tenant

Record 14,  Textual support,  French

Record number: 14, Textual support number: 1 OBS

s'attourner; se constituer locataire : termes normalisés par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 14, French, - s%27attourner

Record 14,  Textual support,  Spanish

Record 15,  Textual support,  English

Record number: 15, Textual support number: 1 CONT

Chattels shall be deemed to be in the apparent possession of the person making a chattel mortgage of them if they are on land occupied by him, or are used and enjoyed by him anywhere, whether or not formal possession has been given to or taken by another person.(R. S. B. C. 1979, c. 48, s.(2]  1, record 15, English, - apparent%20possession

Record 15,  Textual support,  French

Record number: 15, Textual support number: 1 OBS

possession apparente : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 15, French, - possession%20apparente

Record 15,  Textual support,  Spanish

Record 16,  Textual support,  English

Record number: 16, Textual support number: 1 CONT

In Manitoba, the Real Property Act defines "mortgage" as meaning a charge on land created for securing a debt or loan and includes a hypothecation of such charge and defines "encumbrance" as meaning a charge or lien on land other than a mortgage and includes a hypothecation of such charge or lien.  3, record 16, English, - charge%20on%20land

Record 16,  Textual support,  French

Record 16,  Textual support,  Spanish

Record 17,  Textual support,  English

Record number: 17, Textual support number: 1 DEF

Property charged or pledged as security for the performance of a contract or the payment of a debt, e. g., land, buildings and plant in the case of mortgage bonds; accounts receivable, inventories or transferable evidence of indebtedness or ownership in the case of a bank loan.  2, record 17, English, - collateral

Record 17,  Textual support,  French

Record number: 17, Textual support number: 1 DEF

Tout bien qu'une personne (l'emprunteur) affecte à titre de garantie du remboursement d'une dette.  1, record 17, French, - bien%20affect%C3%A9%20en%20garantie

Record number: 17, Textual support number: 1 OBS

Le bien ainsi affecté peut être immeuble (un terrain ou un bâtiment dans le cas d'obligations hypothécaires) ou meuble (des créances ou des stocks dans le cas d'un emprunt bancaire).  1, record 17, French, - bien%20affect%C3%A9%20en%20garantie

Record number: 17, Textual support number: 2 OBS

Bien en nantissement : terminologie employée au Bureau du surintendant des institutions financières Canada.  4, record 17, French, - bien%20affect%C3%A9%20en%20garantie

Record 17,  Textual support,  Spanish

Record number: 17, Textual support number: 1 DEF

Bien inmueble o mueble pignorado como garantía parcial o total de una deuda.  2, record 17, Spanish, - prenda

Record 18,  Textual support,  English

Record number: 18, Textual support number: 1 CONT

A registered certificate or memorial of judgment may be discharged or partially discharged by the person entitled to discharge the same, by certificate executed and registered in the same manner as a certificate of discharge of mortgage, and such certificate, when registered, shall have the effect of releasing the land charged by the registration of such memorial or certificate of judgment, or such portion thereof as may be specially mentioned in such discharge.  3, record 18, English, - certificate%20of%20discharge

Record 18,  Textual support,  French

Record number: 18, Textual support number: 1 CONT

La personne autorisée à cette fin peut libérer totalement ou partiellement un certificat ou un extrait de jugement enregistrés, au moyen d’un certificat passé et enregistré de la même façon qu’un certificat de mainlevée d’hypothèque, et ce certificat, une fois enregistré, a pour effet de libérer le bien-fonds grevé par l’enregistrement de cet extrait ou de ce certificat de jugement, ou la partie de ce bien-fonds pouvant faire l’objet d’une mention spéciale dans ce certificat de libération.  3, record 18, French, - certificat%20de%20mainlev%C3%A9e

Record 18,  Textual support,  Spanish

Record 19,  Textual support,  English

Record number: 19, Textual support number: 1 CONT

In every registered instrument transferring registered land that is subject to a mortgage there shall be implied a covenant by the transferee with the transferor that the transferee will pay the principal money, interest, annuity or rent charge secured by the mortgage at the rate and at the time specified in the mortgage...  2, record 19, English, - rent%20charge

Record 19,  Textual support,  French

Record number: 19, Textual support number: 1 CONT

Tout instrument enregistré qui transfère un bien-fonds enregistré hypothéqué comporte implicitement un engagement de la part du bénéficiaire du transfert à l'endroit de l'auteur du transfert selon lequel le bénéficiaire du transfert acquittera le principal, les intérêts de la rente ou la servitude de rente garantie par l'hypothèque au taux et aux dates qui y sont fixés [...]  2, record 19, French, - servitude%20de%20rente

Record 19,  Textual support,  Spanish

Record 20,  Textual support,  English

Record number: 20, Textual support number: 1 OBS

Canada Mortgage and Housing Corporation, Ottawa, 2003. Cover title :Land Title Conveyance Practices and Fraud.  1, record 20, English, - Report%20on%20Land%20Title%20Conveyance%20Practices%20and%20Fraud

Record 20,  Textual support,  French

Record number: 20, Textual support number: 1 OBS

Société canadienne d'hypothèques et de logement, Ottawa, 2003. Titre de la couverture : Les pratiques et la fraude en matière de transport de titres fonciers.  1, record 20, French, - Rapport%20sur%20les%20pratiques%20et%20la%20fraude%20en%20mati%C3%A8re%20de%20transport%20de%20titres%20fonciers

Record 20,  Textual support,  Spanish

Record 21,  Textual support,  English

Record number: 21, Textual support number: 1 DEF

surrender: the voluntary relinquishment of a right, or of a power or office, by one person (the surrenderor) to another (the surrenderee), either by written instrument or by delivery of the thing which is the object of the right.  3, record 21, English, - abdication

Record number: 21, Textual support number: 1 OBS

surrender: A fundamental category of juridical acts in the common law.  3, record 21, English, - abdication

Record number: 21, Textual support number: 2 OBS

Surrender is a generic term for all acts of the kind, [mentioned in the definition] but the following specific terms, including surrender itself, are normally used depending on what is surrender : surrender for an estate, lease, patent, insurance policy or physical object; disclaimer, renunciation, for an estate, succession, inheritance or office, especially if not yet vested or if unwanted or burdensome; resignation, reliquishment, for an office; waiver release, for a right of action; waiver renunciation, for a right to attend a meeting, right to receive notice, right to generally to the benefit of an obligation; release for a debt, usually on its satisfaction, e. g. for a mortgage; remission for an unsatisfied debt; discontinuance for the reliquishment and consequent termination of a judicial action by written notice given by a plaintiff, or for the termination of an abandoned action by court order. All the above should be clearly distinguished from abandonment, which is a unilateral and unwritten act of relinquishment, e. g. of a child, a ship, land, a building, goods, or of a judicial action where no notice of relinquishment is given by the plaintiff(in which connection abandonment does not terminate the action if the possibility subsists of it being revived) ;and from forfeiture, which is involuntary.  3, record 21, English, - abdication

Record number: 21, Textual support number: 3 OBS

surrender: Term, definition and observations reproduced from Law Terminology with the permission of the United Nations Office at Geneva.  4, record 21, English, - abdication

Record 21,  Textual support,  French

Record number: 21, Textual support number: 1 OBS

En droit civil, surrender est désigné par le terme délaissement. Cette notion a une application plus restreinte : matière hypothécaire ou livraison d'une chose mobilière ou immobilière.  5, record 21, French, - abandon%20volontaire

Record number: 21, Textual support number: 2 OBS

acte d'abdication, acte abdicatif, abandon et renonciation : Termes reproduits de Law Terminology avec l'autorisation du Bureau des Nations Unies à Genève.  5, record 21, French, - abandon%20volontaire

Record 21,  Textual support,  Spanish

Record number: 21, Textual support number: 1 OBS

abandono y renuncia: Términos reproducidos de Law Terminology con la autorización de la Oficina de las Naciones Unidas en Ginebra.  3, record 21, Spanish, - abdicaci%C3%B3n

Record 22,  Textual support,  English

Record number: 22, Textual support number: 1 CONT

The purchaser agrees to purchase land... free from all encumbrances, easements and encroachments by adjoining structures except for any mortgage to be assumed; any building restriction caveat with which the property complies...  1, record 22, English, - building%20restriction%20caveat

Record 22,  Textual support,  French

Record number: 22, Textual support number: 1 OBS

Caveat : opposition enregistrée (OPG-4, 1984, p. 31); building restriction : restriction à la construction (R.S.O. 1980, c. 90; 61(7).  1, record 22, French, - opposition%20enregistr%C3%A9e%20concernant%20les%20restrictions%20%C3%A0%20la%20construction

Record 22,  Textual support,  Spanish

Record 23,  Textual support,  English

Record number: 23, Textual support number: 1 CONT

The purchaser agrees to purchase land... free from all encumbrances, easements and encroachments by adjoining structures except for any mortgage to be assumed; any building restriction caveat with which the property complies; any public utility caveat protecting a right of way...  1, record 23, English, - public%20utility%20caveat

Record 23,  Textual support,  French

Record number: 23, Textual support number: 1 OBS

caveat : opposition enregistrée (OPG-4, 1984, p. 31); public utility : services publics (R.S.O. 1980, c. 303; 1(g].  1, record 23, French, - opposition%20enregistr%C3%A9e%20concernant%20les%20services%20publics

Record 23,  Textual support,  Spanish

Record 24,  Textual support,  English

Record number: 24, Textual support number: 1 DEF

Provincial government acknowledgement of registration of mortgage in a land title office.  1, record 24, English, - certificate%20of%20charge

Record 24,  Textual support,  French

Record number: 24, Textual support number: 1 OBS

Les conservateurs [des hypothèques] sont tenus de délivrer à [...] ceux qui le requièrent une copie ou un extrait des actes publiés ou état hypothécaire.  2, record 24, French, - certificat%20hypoth%C3%A9caire

Record 24,  Textual support,  Spanish