Discharge - Release - Cancellation of a real estate mortgage - hypothec | ScriptaLegal
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Business Law > Real Estate > Release for real estate mortgage

Release for real estate mortgage

Obtaining the release of a mortgage is the last step to officially acknowledge that your loan is fully paid off...more

  1. Answer the questionnaire
  2. Get the release and cancellation of your mortgage
Starting from
Starting
from
$275

Available options

Land Register consultation fee $10
Land Register registration fees - Non-taxable $140

Other services offered

Description

  • This real estate mortgage release applies only to mortgages taken with Canadian financial institutions or recognized public corporations.
  • To obtain the release of a mortgage, you must have in hand a copy of the letter of the lender in which it confirms the full repayment of your mortgage loan (balance of loan is $0) and a copy of the municipal tax account statement of the property subject to this mortgage.
  • The cancellation of a mortgage is mandatory when selling a property.
  • The duly signed release will be emailed to you following its registration in the Land Register.  
  • For more details and for a more complex situation, please contact  
  • A period of 10 to 65 business days will be required for the preparation of your service request

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How to submit your request

* These fees may be changed within a 60-day notice and in accordance with section 71 of the Code of ethics of notaries.

GST and QST not included.

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