A mortgage is a legal document that creates a security for a loan or other financial consideration, whereby, the registered vessel or share or a share of it is used as security. The person using the vessel as security and receiving the loan is called the mortgagor. The person taking the vessel as security and usually giving the loan is called the mortgagee. Only vessels registered in the Canadian Registry of Vessels can have mortgages recorded against them.
Vessel Registration FAQs
How Can I Send My Paperwork to You?What Do I Do If I Import a Boat Into Canada? MUST MY VESSEL BE DOCUMENTED?WHAT VESSELS CAN BE DOCUMENTED?WHAT CAN I DO IF I HAVE LOST OR MISPLACED MY CERTIFICATE OF REGISTRY?WHAT IS REGISTRY?How Do I Establish Canadian Citizenship? HOW LONG IS THE CERTIFICATE OF DOCUMENTATION VALID?WHAT ARE THE REGISTRY OWNERSHIP DOCUMENT REQUIREMENTS?ARE THERE DIFFERENT TYPES OF DOCUMENTATION?WHAT IS A BARE-BOAT CHARTERED VESSEL?WHAT IS A PLEASURE CRAFT LICENCE?WHAT IS SMALL VESSEL REGISTRY?WHAT ARE THE DUTIES OF AN AUTHORIZED REPRESENTATIVE?CAN A DINGHY HAVE THE SAME OFFICIAL NUMBER AS A REGISTERED VESSEL?Can I Request My Documentation is Prioritized?HOW DO I MARK MY VESSEL?MAY I RENEW MY DOCUMENT EARLY?WHAT VESSELS ARE REQUIRED TO HAVE A CERTIFICATE OF REGISTRY?WHAT IS FIRST TIME REGISTRY?