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 OBTAIN TITLE INFORMATION FOR A DOCUMENTED VESSEL?HOW DO I RENEW MY CERTIFICATE OF REGISTRY?WHAT IS SMALL VESSEL REGISTRY?WHAT IS VESSEL TONNAGE?WHAT IS VESSEL DOCUMENTATIONRENEW YOUR CERTIFICATE OF REGISTRY EVERY FIVE YEARS THROUGH OUR SITEMAY I RENEW A LOST CERTIFICATE OF DOCUMENTATION?SHOULD I RETURN THE CERTIFICATE OF DOCUMENTATION WITH THE RENEWAL NOTICE?WHAT VESSELS MAY BE DOCUMENTED?WHAT ARE THE MARKING REQUIREMENTS?WHAT VESSELS ARE EXEMPT?ARE THERE DIFFERENT TYPES OF DOCUMENTATION?WHY AND HOW IS BUILD EVIDENCE ESTABLISHED?WHAT VESSELS ARE EXEMPT?HOW DO I CLOSE THE REGISTRY OF MY VESSEL?WHAT IS VESSEL TONNAGE?MAY I RENEW MY DOCUMENT EARLY?WHAT VESSELS ARE REQUIRED TO HAVE A CERTIFICATE OF REGISTRY?DO I NEED A PLEASURE CRAFT LICENCE?WHAT IS REGISTRY?