TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MORTGAGE LEASE [14 records]

Record 1 2024-04-03

English

Subject field(s)
  • Laws and Legal Documents
DEF

A condition, stipulation, limitation, or provision which is inserted in a deed, lease, mortgage or contract, and on the performance or nonperformance of which the validity of the instrument frequently depends; it usually begins with the word "provided".

French

Domaine(s)
  • Lois et documents juridiques

Spanish

Campo(s) temático(s)
  • Leyes y documentos jurídicos
Save record 1

Record 2 2021-11-23

English

Subject field(s)
  • Federal Government Bodies and Committees (Canadian)
  • Construction
  • Loans
  • Urban Housing
OBS

Canada Mortgage and Housing Corporation: legal name and applied title for the purposes of the Federal Identity Program; Central Mortgage and Housing Corporation: former legal name and applied title for the purposes of the Federal Identity Program (FIP).

OBS

Wherever, in the Central Mortgage and Housing Corporation Act, or in any other statute of Canada or in any regulation, order, deed, contract, lease or other instrument, the "Central Mortgage and Housing Corporation" is mentioned or referred to, there shall in every case, unless the context otherwise requires, be substituted therefor a mention of or reference to the "Canada Mortgage and Housing Corporation".

Key term(s)
  • Canadian Mortgage and Housing Corporation

French

Domaine(s)
  • Organismes et comités fédéraux (Gouvernement canadien)
  • Construction
  • Prêts et emprunts
  • Habitation et logement (Urbanisme)
OBS

Société canadienne d'hypothèques et de logement : appellation légale et titre d'usage aux fins du Programme de symbolisation fédérale; Société centrale d'hypothèques et de logement : ancienne appellation et ancien titre d'usage aux fins du Programme de symbolisation fédérale (PSF).

OBS

Toute mention de la Société centrale d'hypothèques et de logement et toute allusion à celle-ci dans la Loi sur la Société centrale d'hypothèques et de logement ou dans toute autre loi fédérale, de même que dans tout règlement, ordonnance, titre, contrat, bail ou autre acte est remplacée, à moins que le contexte n'exige le contraire, par une mention de la «Société canadienne d'hypothèques et de logement» ou une allusion à celle-ci.

Spanish

Campo(s) temático(s)
  • Organismos y comités federales (canadienses)
  • Construcción
  • Préstamos
  • Viviendas (Urbanismo)
Save record 2

Record 3 2015-09-17

English

Subject field(s)
  • PAJLO
  • Law of Security
DEF

A legal leasehold mortgage may be created by the granting of a lease by way of mortgage, and a tenant may create a legal mortgage of his easehold term either by assigning the whole of the unexpired portion of the term or by making a sub-lease. [Black's Law Dictionary, 8e éd., à la p. 1033]

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
OBS

hypothèque sur intérêt à bail : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 3

Record 4 2015-03-17

English

Subject field(s)
  • Commercial Law
  • Real Estate
  • Property Law (common law)
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...

French

Domaine(s)
  • Droit commercial
  • Immobilier
  • Droit des biens et de la propriété (common law)

Spanish

Save record 4

Record 5 2013-06-14

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
DEF

Lease in which the lessee pays all the expenses including mortgage interest and amortization leaving the lessor with an amount free of all claims.(Black's, 5th ed., 1979, p. 801).

Key term(s)
  • net-net-net lease
  • net,net-net lease

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

bail à loyer hypernet : 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).

Spanish

Save record 5

Record 6 2013-05-03

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
DEF

A condition, stipulation, limitation, or provision which is inserted in a deed, lease, mortgage, or contract, and on the performance or non performance of which the validity of the instrument frequently depends; it usually begins with the word "provided". A clause or part of a clause in a statute, the office of which is either to except something from the enacting clause, or to qualify or restrain its generality, or to exclude some possible ground of misinterpretation of its extent.(Black's, 5th ed., 1979, p. 1152).

CONT

It is said that "the terms ’proviso’ and ’condition’ are synonymous, and signify some quality annexed to a real estate, by virtue of which it may be defeated, enlarged, or created, upon an uncertain event". That proposition is probably true when real estate is the subject-matter; but "proviso" and "condition" can hardly be regarded as convertible terms for all purposes. (Stroud’s, 4th ed.,1971, p. 2172).

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

Si le contexte le permet, le terme français «clause restrictive» ou «clause limitative» peut également convenir pour rendre la notion en cause.

OBS

disposition restrictive : 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).

Spanish

Save record 6

Record 7 2013-04-18

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
CONT

In a conveyance, lease, mortgage, or other formal instrument, the operative part is that which carries out the main object of the instrument. Thus, in a conveyance or lease, the operative words of conveyance or demise and the parcels; sometimes everything which follows the recitals is called the operative part, for the term has no fixed meaning.(Jowitt, 2nd ed., 1977, p. 1287).

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

dispositif : 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).

Spanish

Save record 7

Record 8 2013-03-15

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
CONT

A may have the legal fee simple in Blackacre, subject to a legal mortgage in favour of B, a legal rentcharge in favour of C, a legal lease in favour of D, and so on. The legal fee simple is often referred to as the legal estate because of its paramount importance. Legal leases, mortgages, rentcharges, easements and the like are regarded as incumbrances upon it.(Megarry & Wade, 4th ed., 1975, pages 143-4).

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

fief simple en common law : 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).

Spanish

Save record 8

Record 9 2012-10-30

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
DEF

The transfer by a party of all of its rights to some kind of property, usually intangible property such as rights in a lease, mortgage, agreement of sale or a partnership.(Black, 5th, p. 109)

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

Les adjectifs correspondants «assignable» , «non-assignable» et «unassignable» peuvent se rendre en français par «cessible» et «incessible». Les substantifs «assignability» et «unassignability» peuvent se rendre par «cessibilité» et «incessibilité». Le terme «assignment» peut revêtir un sens particulier en matière de douaire.

OBS

cession : 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).

Spanish

Save record 9

Record 10 2012-09-06

English

Subject field(s)
  • Surveillance and Formalities (Air Transport)
DEF

In respect of an aircraft,(a) the person in whose name the aircraft is registered;(b) a person in possession of the aircraft as purchaser under a conditional sale or hire-purchase agreement that reserves to the vendor the title to the aircraft until payment of the purchase price or the performance of certain conditions;(c) a person in possession of the aircraft as chattel mortgagor under a chattel mortgage; or(d) a person in possession of the aircraft under a bona fide lease or agreement of hire.

OBS

owner: term and definition standardized by the Glossary for Pilots and Air Traffic Services Personnel Committee.

French

Domaine(s)
  • Contrôles et formalités (Transport aérien)
DEF

Relativement à un aéronef et selon le cas : a) personne au nom de laquelle l'aéronef est immatriculé; b) personne qui est en possession de l'aéronef à titre d'acheteur en vertu d'un acte de vente conditionnelle ou d'un acte de location-vente qui laisse au vendeur le titre de propriété de l'aéronef jusqu'au paiement du prix d'achat ou jusqu'à l'accomplissement de certaines conditions; c) personne qui est en possession de l'aéronef à titre de débiteur hypothécaire en vertu d'une hypothèque sur biens meubles; d) personne qui est en possession de l'aéronef en vertu d'un bail ou d'un contrat de louage conclu de bonne foi.

OBS

propriétaire : terme et définition normalisés par le Comité sur le Glossaire à l'intention des pilotes et du personnel des services de la circulation aérienne.

Spanish

Save record 10

Record 11 2012-02-10

English

Subject field(s)
  • Law of Contracts (common law)
  • Loans
CONT

In a leverage lease, the lessor buys the asset and leases it to the lessee, but (s)he pays only a small fraction of the purchase price, and the remaining payment is handled by a lender who puts up more than 50% of the purchase price and receives interest from the lessor. The lender is protected by first lien of assets and gets periodic payment from the lessee if the lessor defaults. This method is popular for very expensive assets.

CONT

A leverage lease is used for financing those assets which require huge capital outlay. The leverage lease agreement involves three parties, the lessee, the lessor and the lender. The loan is generally secured by mortgage of the asset besides assignment of the leased rental payments.

OBS

leverage lease: term published in the Journal officiel by the Commission générale de terminologie et de néologie of the Government of France.

French

Domaine(s)
  • Droit des contrats (common law)
  • Prêts et emprunts
DEF

Opération par laquelle une entreprise vend le matériel qu'elle fabrique à une société de crédit-bail qui le laisse à sa disposition dans le cadre d'un contrat de crédit-bail.

CONT

Il existe trois principaux types de crédit-bail : Le crédit-bail adossé. Cette méthode fait intervenir un investissement de la part de l'utilisateur, à hauteur de 20 % à 40 % par exemple, le reste étant financé par un crédit-bail.

OBS

bail à effet de levier : terme et définition publiés au Journal officiel par la Commission générale de terminologie et de néologie du gouvernement de la France.

Spanish

Save record 11

Record 12 2003-07-10

English

Subject field(s)
  • Taxation
DEF

A stamp for use as evidence of payment of a tax(as on package of cigarettes, a proprietary article, a lease or a mortgage)....

French

Domaine(s)
  • Fiscalité
DEF

Marque imprimée ou vignette qui, apposée sur les papiers destinés à la rédaction des actes, représente le paiement de la taxe perçue au profit du Trésor [...]

Spanish

Campo(s) temático(s)
  • Sistema tributario
Save record 12

Record 13 2001-02-22

English

Subject field(s)
  • Finance
  • Banking
  • Property Law (civil law)
  • Property Law (common law)
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.

OBS

surrender: A fundamental category of juridical acts in the common law.

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.

OBS

surrender: Term, definition and observations reproduced from Law Terminology with the permission of the United Nations Office at Geneva.

French

Domaine(s)
  • Finances
  • Banque
  • Droit des biens et de la propriété (droit civil)
  • Droit des biens et de la propriété (common law)
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.

OBS

acte d'abdication, acte abdicatif, abandon et renonciation : Termes reproduits de Law Terminology avec l'autorisation du Bureau des Nations Unies à Genève.

Spanish

Campo(s) temático(s)
  • Finanzas
  • Operaciones bancarias
  • Derecho de propiedad (derecho civil)
  • Derecho de propiedad (common law)
OBS

abandono y renuncia: Términos reproducidos de Law Terminology con la autorización de la Oficina de las Naciones Unidas en Ginebra.

Save record 13

Record 14 1994-08-03

English

Subject field(s)
  • Real Estate
DEF

Agreement between one holding a mortgage on improved real estate and a lessee of space at the property under which the mortgage holder agrees that, notwithstanding a foreclosure of the mortgage, the lessee will be permitted to continue in occupancy under the lease, provided all of the lease terms are being complied with.

French

Domaine(s)
  • Immobilier
OBS

«disturbance» = «trouble de jouissance»

Spanish

Save record 14

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