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Discharging An Old Mortgage from Title
When a homeowner sells an Ontario property with an old undischarged mortgage on title but can’t find the lender, what can be done? A similar question arises when the mortgage has already been paid off but was never discharged from title. The owner’s real estate lawyer could try persuading the purchaser to proceed with the sale despite the existence of that mortgage. The purchaser might be satisfied with a statutory declaration from the vendor stating that the mortgage has bee
RN
Nov 13, 20203 min read
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