Christine 0 Registered Joined Mar 5, 2008 Messages 31 Oct 16, 2017 #1 Hello, If you are providing a private loan to an investor how do you usually protect your loan? Do you register your private loan agreement as caveat on title? Thanks!
Hello, If you are providing a private loan to an investor how do you usually protect your loan? Do you register your private loan agreement as caveat on title? Thanks!
Thomas Beyer 0 REIN Member Joined Aug 30, 2007 Messages 13,879 Oct 16, 2017 #2 You should register a second mortgage or at the very least a caveat. That needs special language you can get from any savvy real estate lawyer. Sent from my iPhone using myREINspace
You should register a second mortgage or at the very least a caveat. That needs special language you can get from any savvy real estate lawyer. Sent from my iPhone using myREINspace
Tina Myrvang Client Care Lead Staff member REIN Member Joined Nov 15, 2010 Messages 1,508 Oct 16, 2017 #3 I completely agree with Thomas and that is how we did it when we were lenders.