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 Do I Prove Ownership of My Vessel? WHAT IS SMALL VESSEL REGISTRY?What is a Port of Registry? Can I Request My Documentation is Prioritized?I Have a Pleasure Craft But a Friend Paid for Gas. Do I Have to Register My Vessel?WHAT CAN I DO IF I HAVE LOST OR MISPLACED MY CERTIFICATE OF REGISTRY?RENEW YOUR CERTIFICATE OF REGISTRY EVERY FIVE YEARS THROUGH OUR SITEMAY I RENEW A LOST CERTIFICATE OF DOCUMENTATION?How Can I Send My Paperwork to You?How Do I Establish Canadian Citizenship? WHAT ARE THE DUTIES OF AN AUTHORIZED REPRESENTATIVE?WHAT IS A BARE-BOAT CHARTERED VESSEL?Where Can My Port of Registry Be? MUST I SUBMIT MY APPLICATION BY MAIL?CAN A DINGHY HAVE THE SAME OFFICIAL NUMBER AS A REGISTERED VESSEL?WHAT ARE THE REGISTRY OWNERSHIP DOCUMENT REQUIREMENTS?Which Vessels Have to Be Registered and Licenced?WHAT IS A MORTGAGE?MUST MY VESSEL BE DOCUMENTED?WHERE CAN I GET FORMS FOR DOCUMENTATION?