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ARTICLE · 26 JUNE 2008

Mortgage Enforcement Series Bulletin I – Notices

Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
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Borden Ladner Gervais LLP

Borden Ladner Gervais LLP

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Given the "credit crunch" and its unfortunate side effects, we thought that a series of four bulletins dealing with Ontario mortgage enforcement would be timely, particularly for our lending clients.

CanadaReal Estate and Construction
BLG'S Commercial Real Estate Law Group
BLG'S Commercial Real Estate Law Group
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A. Introduction

Given the "credit crunch" and its unfortunate side effects, we thought that a series of four bulletins dealing with Ontario mortgage enforcement would be timely, particularly for our lending clients. For those of you without mortgage enforcement experience, these bulletins will serve as an introduction to mortgage enforcement. For those of you with mortgage enforcement experience, we hope these bulletins will serve as a refresher.

The first bulletin in this series deals with the issuance of demand letters and notices. The second bulletin looks at the various types of remedies available to a lender enforcing its security and some strategic planning to keep in mind. The third bulletin takes a closer look at some of the advantages and disadvantages of the power of sale and foreclosure remedies. The last bulletin in this series focuses on how a lender selling a property under the power

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