WHAT IS FORM 9E?
Form 9E is a report on investment and must be provided to the lender by the lawyer representing the lender in a private mortgage transaction once the transaction has been completed. Form 9E is required under Bylaw 9 of the Law Society of Ontario for all private mortgage transactions exceeding $6,000.00. Form 9E must contain specific information regarding the investment including the registration number of the mortgage, the priority of the mortgage, details of payments, and prior encumbrances. Generally, the information set out in Form 9E must match the lender’s instructions set out in Form 9D. For more information on Form 9E, visit the Law Society of Ontario’s website.
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About the Author:
Shahriar Jahanshahi is the founder and principal lawyer at Jahanshahi Law Firm with a practice focus on representing business star-ups and investors in the province of Ontario. For further information about Shahriar Jahanshahi, click here.