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Mortgagee can discharge certificate of pending litigation to enable power of sale (MCAN Home Mortgage Corporation v. Broad)
Monday, March 30, 2026James R.G. CookLitigation, Real EstateMortgage, Power of Sale
Where litigation concerns an interest in land, a party may seek to register a certificate of pending litigation (“CPL”) on title to the property at issue under section 103 of the Courts of Justice Act (the “CJA”)...
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Steps in a Power of Sale
Tuesday, May 14, 2024Zev ZlotnickBusiness Law, Corporate LawMortgage, Power of Sale, Ontario Mortgages Act, Bankruptcy and Insolvency Act
As a commercial mortgage lender you generally prefer the avoidance of enforcement. However, one must hope for the best and plan for the worst...
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Choosing the Right Mortgage Enforcement Remedy in Ontario
Wednesday, December 20, 2023Zev ZlotnickBusiness Law, Corporate LawMortgage, Ontario Mortgages Act, Power of Sale
In the realm of mortgage enforcement, lenders who are faced with a borrower’s default have an array of remedies at their...
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