Ƶ

Foreclosure Deed Template for Canada

A Foreclosure Deed is a legal document used in Canadian jurisdictions to transfer property ownership following a successful foreclosure proceeding. This document serves as the official instrument that conveys title from the defaulting property owner to either the foreclosing lender or a new purchaser. It contains detailed information about the property, references to the court proceedings that authorized the foreclosure, and specific legal language required by Canadian provincial laws. The deed must comply with both federal and provincial requirements, particularly those relating to property transfer, registration, and mortgage enforcement.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Foreclosure Deed?

The Foreclosure Deed is a crucial document in Canadian real estate law, used when a property owner defaults on their mortgage obligations and legal proceedings have resulted in a foreclosure order. This document becomes necessary after the mortgagee has obtained a final order of foreclosure from the court and the redemption period has expired. The deed serves as the official instrument transferring legal title and must comply with provincial land registration requirements, property transfer laws, and court procedures. It includes essential details such as property description, reference to the court order, and particulars of the foreclosure proceedings. The document is particularly important in provinces where judicial foreclosure is the primary method of mortgage enforcement, and it must be properly registered with the appropriate land registry office to complete the transfer of ownership.

What sections should be included in a Foreclosure Deed?

1. Title and Date: Formal title of the document as a Foreclosure Deed and date of execution

2. Parties: Identification of all parties: the grantor (usually the court officer or authorized person executing the deed), the defaulting mortgagor, and the grantee (either the foreclosing lender or purchaser)

3. Recitals: Background information including the original mortgage details, default occurrence, and court proceedings leading to foreclosure

4. Reference to Court Order: Details of the foreclosure order including court reference number, date, and presiding judge

5. Property Description: Legal description of the foreclosed property, including street address, lot number, and detailed boundary description

6. Conveyance Clause: Formal language transferring title from mortgagor to grantee

7. Title Warranties: Statements regarding the status of the title being conveyed

8. Execution: Formal execution clause and signature blocks

9. Acknowledgment: Notarial acknowledgment or other required certification

What sections are optional to include in a Foreclosure Deed?

1. Personal Property: Section describing any personal property included in the foreclosure, used when fixtures or other personal property are part of the foreclosure

2. Redemption Rights: Statement regarding any remaining redemption rights, included if required by provincial law or if redemption period hasn't expired

3. Tax Provisions: Specific clauses regarding property tax obligations and adjustments, included when tax matters need to be addressed

4. Tenant Rights: Section addressing existing tenant rights and leases, included when the property has tenants

5. Environmental Provisions: Statements regarding environmental conditions or liabilities, included when environmental issues are present

6. Assignment of Rents: Transfer of right to collect rents, included for income-producing properties

What schedules should be included in a Foreclosure Deed?

1. Schedule A - Property Description: Detailed legal description of the property including surveys and plans

2. Schedule B - Court Order: Copy of the foreclosure order and related court documents

3. Schedule C - Title Search: Results of title search showing the chain of title and any encumbrances

4. Schedule D - Tax Certificate: Current tax certificate showing status of property taxes

5. Schedule E - Permitted Encumbrances: List of any permitted encumbrances that will survive the foreclosure

6. Appendix 1 - Property Photographs: Recent photographs of the property for identification purposes

7. Appendix 2 - Survey Plan: Current survey plan of the property if available

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Canada

Publisher

Ƶ

Document Type

Property Deed

Cost

Free to use

Find the exact document you need

Land Title Deed

A Canadian legal document that proves property ownership and facilitates the transfer of real estate rights, registered under provincial land registry systems.

Download

Property Title Deed

A legal document used in Canadian jurisdictions for transferring real property ownership, containing essential property details and ownership information for land registry purposes.

Download

Land Deed

A Canadian legal document that transfers real property ownership from one party to another, requiring registration with provincial land registry offices.

Download

Settlement Deed Of Property

A Canadian legal document that formalizes the transfer of property rights as part of a settlement agreement, complying with federal and provincial property laws.

Download

Property Warranty Deed

A Canadian legal document providing maximum title protection in property transfers, containing explicit warranties from seller to buyer regarding property ownership and title validity.

Download

Family Partition Deed

A Canadian legal document that formalizes the division and distribution of family property among family members, complying with provincial property and family law regulations.

Download

Freehold Title Deed

A Canadian legal document that transfers absolute ownership of real property from one party to another, requiring official registration to validate the transfer.

Download

Perpetual Lease Deed

A Canadian legal document establishing a permanent leasehold interest in real property, subject to provincial property laws and registration requirements.

Download

Deed Of Partition

A Canadian legal document that formalizes the division of jointly owned property into separately owned portions, compliant with provincial property laws.

Download

Deed Of Exchange Of Land

A Canadian legal document facilitating the mutual exchange of land ownership between parties, ensuring compliance with provincial regulations and proper registration of the transfer.

Download

Property Trust Deed

A Canadian legal document establishing a trust arrangement for property assets, defining trustee powers and beneficiary rights under federal and provincial laws.

Download

Life Estate Deed

A Canadian legal document that grants property rights to a life tenant for their lifetime, with the property transferring to a designated remainderman upon the life tenant's death.

Download

Homeowners Deed

A Canadian legal document that transfers real property ownership from a grantor to a grantee, requiring provincial land registry registration.

Download

Gift Settlement Deed

A Canadian legal document formalizing the transfer of assets or property as a gift, typically through trust arrangements, with specific provisions for federal and provincial compliance.

Download

Foreclosure Deed

A Canadian legal document that transfers property ownership following a court-ordered foreclosure, used to convey title from the defaulting owner to the lender or new purchaser.

Download

Estate Deed

A Canadian legal document used to transfer real property interests in estate-related matters, complying with provincial property law requirements and land registry regulations.

Download

Deed Of Purchase

A Canadian legal document that transfers real estate ownership from seller to buyer, requiring formal execution and registration with the Land Registry Office.

Download

Condo Deed

A Canadian legal document that transfers ownership rights of a condominium unit, operating under provincial property laws and condominium legislation.

Download

Gift Deed

A Canadian legal document that formalizes the voluntary transfer of property from a donor to a recipient without consideration, complying with federal and provincial requirements.

Download

Redeemable Deed

A Canadian legal document that transfers property ownership while maintaining the original owner's right to redeem the property under specified conditions.

Download

Tenancy Deed

A Canadian legal agreement establishing the terms and conditions between landlord and tenant for property rental, governed by provincial legislation.

Download

Real Estate Deed

A Canadian legal document that transfers real property ownership from a grantor to a grantee, complying with federal and provincial property laws.

Download

Sale Deed

A Canadian legal document that transfers real property ownership from seller to buyer, containing essential property details and complying with provincial registry requirements.

Download

Apartment Deed

A legal document used in Canadian jurisdictions for transferring ownership of an apartment or condominium unit, including associated rights and obligations under provincial law.

Download

Deed Of Gift Property

A Canadian legal document used to transfer real property as a gift from a donor to a donee, requiring formal registration and compliance with provincial property laws.

Download

Purchase Deed

A Canadian legal document that transfers real property ownership from seller to buyer, containing property details and transfer terms, governed by provincial property law.

Download

Inheritance Deed

A Canadian legal document that transfers assets from a transferor to beneficiaries, governed by provincial legislation and federal tax laws.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it