Arms length mortgage

[feetup]

My moms boyfriend wants to do JV with me would he be considerd arm length for RRSP morgtage?
Thanks

 

[MonteDobson]

Are they considered "common-law"? If so, it is not "arms length".
Arm`s Length Mortgage
• Must be to a third party - no relationship through blood, marriage (including common law), or adoption.
Also, the mortgagor cannot be a company that you or your relative partially or fully own.