Standard Mortgage Contract Template for Canada

1. Guarantor Provisions: Required when there is a guarantor for the mortgage, outlining their obligations and liability

2. Construction Provisions: Included for construction mortgages or when property improvements are planned

3. Condominium Provisions: Required when the mortgaged property is a condominium unit

4. Secondary Financing: Included when secondary financing is permitted or to prohibit it

5. Environmental Warranties: Added for commercial properties or when environmental concerns exist

6. Rental Provisions: Required when the property may be rented out or contains rental units

7. Line of Credit Provisions: Included when the mortgage includes a revolving line of credit component

8. Foreign Buyer Provisions: Required when the mortgagor is a non-resident of Canada

1. Schedule A - Property Description: Detailed legal description of the property including lot numbers, plan numbers, and easements

2. Schedule B - Payment Schedule: Amortization schedule showing payment dates, amounts, and interest allocations

3. Schedule C - Standard Charge Terms: Standard mortgage terms and conditions as filed with the land registry office

4. Schedule D - Insurance Requirements: Detailed specifications for required insurance coverage

5. Schedule E - Special Conditions: Any special terms or conditions specific to this mortgage

6. Appendix 1 - Property Survey: Current survey or real property report of the mortgaged property

7. Appendix 2 - Cost of Borrowing Disclosure: Federally required disclosure of all borrowing costs and APR

8. Appendix 3 - Environmental Assessment: Environmental reports or certificates (if applicable)