Blanket and Collateral Mortgages

At Davidzon Law we have a depth of experience dealing with all manner of mortgages. We often assist our clients with collateral mortgages in situations where their business require credit facilities and they get a loan from a lender which is secured against property owned by the company. There are a number of considerations and items to review when giving a collateral mortgage which are different than a conventional mortgage and we always take the time to discuss these with our clients and make sure that they understand the arrangement they are entering into and it is best suited to their needs. Similarly, we regularly assist our clients in setting up blanket mortgages. These are loans and credit facilities given to our clients which are secured against two or more separate properties. Blanket mortgages can offer a lot of flexibility and are often favoured by our builder and developer clients. Like collateral mortgages, blanket mortgages are significantly different than a conventional mortgages and require specific review and consideration. We always make sure that our clients understand the specific details of any blanket mortgage they enter into.

Davidzon Law real estate law team are well versed in all aspects of commercial real estate law in Ontario and have years of experience acting on behalf of our clients to achieve their goals. We regularly work together with real estate agents and mortgage brokers to ensure that our clients complete their transactions with ease and without worry. We understand that our client’s livelihoods are tied into their commercial real estate holdings and we are proud to represent them. If you would like to discuss collateral mortgages or blanket mortgages with a lawyer at Davidzon Law, please call us today to schedule a consultation.