Title and Ownership

Encumbrance
Registered claim, restriction, or interest that affects title and may complicate a closing.
Joint Tenancy
Co-ownership structure with right of survivorship, relevant to title and estate outcomes.
Lien
Claim registered against property for money owed or another legal obligation.
Notary
Legal professional who may handle mortgage closing and registration, especially in Quebec.
Standard Charge Mortgage
Canadian mortgage registration language for a standard charge and how it differs from a collateral charge.
Tenants in Common
Co-ownership structure allowing unequal shares and no automatic right of survivorship.
Title, Ownership and Legal Documents
Canadian title, ownership, registration, and mortgage-document language used in legal review and closing.
Title Insurance
Insurance covering specified title-related losses that can affect the owner or the lender.
Title Search
Review of public records to confirm ownership and identify title issues before closing.