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Alberta Standard Charge Fixed Rate Mortgage

Prepare a Standard Charge Fixed Rate Closed Term Mortgage for the Province of Alberta with this ready-made template. Provisions of the Mortgage include:
  • early renewal privileges, i.e. the mortgage may be renewed on any installment payment date,
  • interest will be calculated half-yearly, not in advance,
  • the mortgage lender may elect to pay the property taxes when they come due, or elect to have the borrower (mortgagor) pay the taxes,
  • all payments will be applied first to taxes and life insurance (if applicable), then to interest, then to principal, and then to any other moneys owing,
  • optional provisions for a leasehold mortgage.
This Alberta Standard Charge Fixed Rate Mortgage template is available in MS Word format, and is completely customizable to fit your business needs.

Download: Alberta Standard Charge Fixed Rate Mortgage

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Canadian Law Resources: (14-Apr-2018) E.&O.E.

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