Your property is attached to your mortgage until it is discharged in the official government registers (registry office).

Thus, you should not only get a mortgage, but also register it so that it has legal force. This means that the mortgage is right the document that allows to “cancel” or “remove” the guarantee in favor of your lender. It is mandatory in all real estate transactions, because the seller agrees to provide a clear title to all charges.

The buyer of your property does not have to pay your mortgage. The costs associated with this document are the responsibility of the seller.

Paying off a mortgage in full does not automatically remove registration from the Land Register of Quebec. In addition, the purchaser’s notary claims this document.

mortgage discharge mandatory