How can I redeem my mortgage? PDF Print E-mail
Real Estate Self Help - Home Financing | Bank Loan

How can I redeem my mortgage?

You may do so by giving a notice of redemption to your Bank. Your lawyer will prepare a "total discharge of mortgage". He will then arrange with the Bank's lawyer to execute the Total Discharge of Mortgage, and register it at the Registry of Land Titles. You then pay off the mortgage loan in exchange for the signed "total discharge of mortgage" or "deed of reassignment".

 
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