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January 2, 2018
Effective Immediately - for Mortgage Preparation in the Province of Manitoba.
Form 4180 - All Provinces except Quebec and New Brunswick: Section 3, (c) (iv) should read as follows:
- For Variable rate mortgages, in the Prime Rate is defined as field of Box 5 of the Mortgage Form, insert "See Details in the Other Details field below"
- In the Other Details field under the Scheduled Payments option in Box 5 of the Mortgage Form insert the definition of Prime Rate found in section 1 of the Standard Charge Terms, available on our legal forms website
The following General Instructions to Lawyer/Notary will be updated in due course:
- 4180 - All Provinces except Quebec and New Brunswick- section 3 (c) (iv)
Form 3915 - All Provinces except Quebec and New Brunswick: Section 3, (c) (iii) should read as follows:
- In Box 5 of the Mortgage Form, select the Payable on Demand option and complete using the information from our Specific Instructions. Please refer to our Standard Charge Terms, available on our legal forms website, for the land titles number and name. For mortgages having a variable rate of interest, in the definition of "Prime Rate" in Box 5 of the Mortgage Form in the Prime Rate is defined as field of Box 5 of the Mortgage Form, insert "See Details in the Other Details field below". In the Other Details field under the Scheduled Payments option in Box 5 of the Mortgage Form insert the definition of Prime Rate found in section 1 of the Standard Charge Terms, available on our legal forms website
The following General Instructions to Lawyer/Notary will be updated in due course:
- 3915 - All Provinces except Quebec and New Brunswick- section 3 (c) (iii)
December 5, 2017
In the province of Quebec, La Garantie Habitation des Maîtres Bâtisseurs (GHMB) has been added as an additional new home warranty provider for hypothecs insured by a mortgage default insurer. La Garantie Habitation des Maîtres Bâtisseurs (GHMB) will be added to the following General Instructions to Lawyer/Notary in due course as an approved provider of a certificate of guarantee for new residential buildings:
- 4180 - Quebec & New Brunswick Only - section 8(e)(i)
- 54180 - Quebec & New Brunswick Only - (section 8(e)(i)
- 3915 - Quebec & New Brunswick Only - section 8(d)(i)
- 53915 - Quebec & New Brunswick Only - (section 8(d)(i)
December 4, 2017
Effective, Monday, December 4, 2017 the following forms have been updated in anticipation of the Manitoba Land Titles Office conversion to electronic registration:
- 03974 - Manitoba
- 03975 - Manitoba
- 03927 - Manitoba
- 04180 - All Provinces, except Quebec and New Brunswick
- 03915 - All Provinces, except Quebec and New Brunswick
As a result of these changes,
- You must use the form of mortgage that is regulated an approved by the Registrar General or District Registrar pursuant to the Real Property Act (Manitoba) (currently Mortgage Form e6.2); and
- Forms 3989 and 3990 are no longer required and will be removed from our Legal Forms website.
Also Effective, Monday, December 4, 2017 the following General Instructions to Lawyer/Notary have been amended to reflect the below changes/additions where applicable:
- 04180 - All Provinces except Quebec and New Brunswick
- 04180 - Quebec and New Brunswick
- 54180 - Quebec and New Brunswick
- 03915 - All Provinces, except Quebec and New Brunswick
- 03915 - Quebec and New Brunswick
- 53915 - Quebec and New Brunswick
- Additional instructions have been added to the section Corporation As Mortgagor.
- The section Predisbursement Conditions For Advances has been revised for Quebec and Manitoba
- Change of address for the Quebec Personal Service Centre, in the section Mortgage Preparation
July 13, 2017
Effective August 1, 2017, the Province of Saskatchewan is implementing a 6% provincial sales tax (PST) on Default Insurance Premiums. Therefore for all default insured mortgages where funds are advanced on or after August 1st the 6% PST payable on the Default Insurance Premiums will be deducted from the advance. Please notify your client of the additional cost to be paid at closing.
Important: If you have already received our mortgage documentation including the Cost of Borrowing Disclosure without indication of the increase, a new Cost of Borrowing Disclosure Statement will be forwarded on or prior to the closing day. If you do not receive a new Cost of Borrowing Disclosure Statement it means your client is not affected by this change.
February 29, 2016
Effective Monday February 29th, 2016, the following General Instructions to Lawyer/Notary, has been amended to reflect the below changes/additions where applicable:
- 4180 – All Provinces except Quebec & New Brunswick
- 4180 – Quebec & New Brunswick Only
- 54180 – Quebec & New Brunswick Only
- 3915 – All Provinces except Quebec & New Brunswick
- 3915 – Quebec & New Brunswick Only
- 53915 – Quebec & New Brunswick Only
1) Clarification that RBC must be informed of changes in Mortgagor/Guarantor status
2) Assignment of Rents is no longer required
3) Insertion of a new Water Potability requirement
4) Change to acceptable New Home Warranty providers
5) Toll Free Number: As noted in the communication on December 7th, 2015 a new toll free number 1-844-418-9436 was introduced specifically for our legal community.
6) Ontario - PPSA: As noted in the communication on November 16th, 2015 the Ontario Personal Property Security Act (PPSA) was amended and there is no longer a requirement in Ontario for a 5 year maximum registration when registering security against consumer goods under the PPSA; Registrations will now be for the amortization of the loan.
7) Investor Mortgages (added to 3915 - All Provinces except Quebec & New Brunswick and 3915/53915 – Quebec & New Brunswick Only)
8) Insurance: Additional content (added to 3915 - All Provinces except Quebec & New Brunswick and 3915/53915 – Quebec & New Brunswick Only)
December 7, 2015
Effective Monday December 7th. In an effort to enhance the mortgage closing and funding process, the Request For Funds forms #3328 (Residential Mortgages) & #3958 (RBC Homeline) will only be available in PDF format. These forms are editable and fillable electronically. Using the PDF version will aid with the automation of funding and ensures you will receive funds both electronically and earlier on the day of closing.
In addition, we have recently introduced a new toll-free telephone number specifically for our legal community. With this new number, a short menu has been created to ensure your phone calls and inquiries get to the department that can process your request.
The new toll-free number is 1-844-418-9436 and new menu options are as follows;
For Payout Statements and Discharges – # 1
For in Progress Mortgage Transactions, including funding inquiries – # 2
For General Mortgage or Loan Inquiries – # 3
We are very excited to introduce these changes to further improve our service to you and our mutual clients. Thank you.
November 30, 2015
As of November 16, 2015, the Ontario Personal Property Security Act (PPSA) was amended and there is no longer a requirement in Ontario for a 5 year maximum registration when registering security against consumer goods under the PPSA; Registrations will now be for the full term of the loan. The General Instructions to Lawyers/Notary form 4180 will be updated in due course. Please review and familiarize yourself with the amendments to the Ontario PPSA.
September 25, 2015
Effective September, 28th, 2015, the following provincial Residential Mortgage Documents (Standard Charge Terms) and Nisga'a First Nation Documents located on this site will be amended. The updated forms with a revision date of August, 2015 are noted below and must be used starting September 28th, 2015:
Alberta: (Forms: 3985; 3986)
British Columbia: (Forms: 3994; 3995)
British Columbia - Nisga'a: (Forms: 300180, 300181)
Manitoba: (Forms 3974; 3975)
New Brunswick: (Forms: 3971; 3972; 53971; 53972)
Newfoundland: (Forms: 271; 272)
North West Territories: (Forms: 3978; 3979)
Nova Scotia: (Forms: 271; 272)
Nunavut: (Forms: 3959; 3960)
Ontario: (Forms: 3997; 3998)
Prince Edward Island: (Forms: 271; 272)
Saskatchewan: (Forms: 3981; 3982)
Quebec: (Forms: 3991; 3992; 53991; 53992)
Yukon: (Forms: 3968; 3969)
British Columbia - Nisga'a First Nations (Forms: 4483; 4484)
Effective September 28th all RateCapper provincial Residential Mortgage Documents (Standard Charge Terms) and Nisga'a First Nation forms noted below have been removed from the site as this product has been discontinued since August 2014:
Alberta: (Form: 3987)
British Columbia: (Form: 3996)
Manitoba: (Form: 3976)
New Brunswick: (Forms 3973; 53973)
Newfoundland: (Form: 273)
North West Territories: (Form: 3980)
Nova Scotia: (Form: 273)
Nunavut: (Form: 3961)
Ontario: (Form: 3999)
Prince Edward Island: (Form: 273)
Saskatchewan: (Form: 3983)
Quebec: (Forms: 3993; 53993)
Yukon: (Form: 3970)
British Columbia - Nisga'a First Nations (Forms: 4482)
April 30 2015
Alberta Guarantees Acknowledgment Act
Effective April 30, 2015, changes to the Alberta Guarantees Acknowledgement Act will come into force. Due to these changes, individuals providing a guarantee can no longer appear before a notary public and must now appear before a lawyer to acknowledge the terms of the guarantee.
As a result of this change to the law in Alberta, we have updated the following documents which appear on this web site:
– Instructions to Lawyer (forms 4180 and 3915);
– the certificate appearing at the end of the following forms of guarantee:
- Fixed Rate (form 3936)
- Prime Rate (form 3937)
- Guarantee of Residential Mortgage (form 3941)
Please ensure all guarantees executed on or after April 30, 2015, comply with the amended Alberta Guarantees Acknowledgement Act.
January 15 2015
Mortgage Specialist Channel only
Early in 2014 we changed the process relating to the execution of the RBC Homeline Plan Agreement from having it signed at the office of the lawyer/notary to having it signed before one of our employees. This change was, in part, a response to feedback from some lawyers/notaries who indicated the signing of the agreement was not a necessary part of the mortgage process. After the process change, we received requests from many lawyers/notaries for copies of the signed agreement to assist with the disbursement process. As a result, we provided copies of the agreement to lawyers/notaries, on request. Providing copies based upon request is an inefficient process for both the firms and us. Based upon your feedback and the number of requests we have received, effective February 2nd, 2015 we will revert back to the previous process. The unsigned RBC Homeline Plan agreement will be included with the document package and you will be instructed to have the document signed and returned to us along with the report on title/security.
August 20 2014
Effective Aug 20th, 2014: RBC has discontinued the RateCapper mortgage from our available suite of products to align to Canadian Banking strategic priorities to do things simpler, faster and better.
The product will no longer be available for acquisitions, renewals, refinance and port transactions. For pipeline RateCapper applications initiated prior to Aug 20th, 2014 RateCapper documents (i.e. Standard charge terms) will be available until May 2015.
February 4 2014
Alberta New Home Buyer Protection Act
The Alberta New Home Buyer Protection Act (the "Act") came into force on February 1, 2014. If applicable, obtain the Warranty Certificate required under the Act. Retain the Warranty Certificate in your file. Our Instructions to Lawyers (Form 4180) will be updated in due course.
July 10 2013
Effective July 20th 2013, the following provincial Residential Mortgage Documents located on this site will be amended. Please note several sections throughout the documents were modified, with Sections 8. and 11. having the most changes:
List of Documents updated with a revision date of April 2013, the newer version must be used starting July 20th 2013:
Alberta: (Forms: 3985; 3986; 3987)
British Columbia: (Forms: 3994; 3995; 3996)
Manitoba: (Forms 3974; 3975; 3976)
New Brunswick: (Forms: 3971; 3972; 3973; 53971; 53972; 53973)
Newfoundland: (Forms: 271; 272; 273)
North West Territories: (Forms: 3978; 3979; 3980)
Nova Scotia: (Forms: 271; 272; 273)
Nunavut: (Forms: 3959; 3960; 3961)
Ontario: (Forms: 3997; 3998; 3999)
Prince Edward Island: (Forms: 271; 272; 273)
Saskatchewan: (Forms: 3981; 3982; 3983)
Quebec: (Forms: 3991; 3992; 3993; 53991; 53992; 53993)
Yukon: (Forms: 3698; 3969; 3970)
June 19 2013
Effective July 1st, 2013, the Province of Manitoba is increasing the provincial sales tax rate from 7% to 8%. Therefore, all applications closing on July 1st and after will be charged an 8% tax applicable on Default Insurance Premiums. Please notify your client of the additional cost to be paid at closing.
Important: If you have already received our mortgage documentation including the Cost of Borrowing Disclosure without indication of the increase, an Amendment to the Cost of Borrowing Disclosure will be forwarded on or prior to the closing day.
June 10 2013
Please note that we are amending some of our documents located on this site as outlined below, including the Additional Instructions and Specific Instructions to Lawyers. These changes will be effective on June 17th 2013.
We are also providing you with prior notice of upcoming changes to our Mortgage documents located on this site. Further communication will be provided as these changes occur
List of amended forms effective June 17, 2013
Form 00630 RBC Homeline Plan Mortgages Additional Instructions (All provinces except Quebec and New Brunswick) - Please note a few sections of this document have changed to make the content specific to All Provinces.
Form 00630 Additional Instructions for Mortgages/Hypothecs
(Quebec and New Brunswick only) – New, please note we have added an English version of Form 50630.
Form 3915 General Instructions to lawyer/notary Collateral Mortgages/Hypothecs (All Provinces, except Quebec and New Brunswick) - Please note a few sections of this document have changed to make the content specific to All Provinces.
Form 3915 General Instructions to Lawyer/Notary Collateral Mortgages/Hypothecs (Quebec and New Brunswick Only) – New, please note we have added an English version of Form 53915.
Form 4176 Builders/Construction Mortgage Additional Instructions Applicable to all Residential and Collateral Mortgages/Hypothecs (All provinces except Quebec and New Brunswick) - Please note a few sections of this document have changed to make the content specific to All Provinces.
Form 4176 Builders/Construction Mortgage Additional Instructions Applicable to all Residential and Collateral Mortgages/Hypothecs (Quebec and New Brunswick only) - New, please note we have added an English version of Form 54176.
Form 4180 General Instructions to Lawyer/Notary Residential Mortgages/Hypothecs (All Provinces except Quebec and New Brunswick) - Please note a few sections of this document have changed.
Form 4180 General Instructions to Lawyer/Notary Residential Mortgages/Hypothecs Quebec and New Brunswick Only - New, please note we have added an English version of Form 54180.
Form 3924 Deed of Hypothec on Immovable Property (All Indebtedness – Personal) – minor change to section 2.1.
Form 4166 Deed of Hypothec on Immovable Property (All Indebtedness – Personal) - minor change to section 2.1.
Form 3950 Postponement of Entitlement Under Family Law Act - minor change
Form 3949 Solicitor's Certificate of Independent Legal Advice – minor change
June 27, 2012
Effective July 15th, 2012, the Province of Manitoba is introducing 7% RST on Default Insurance Premiums. The RST is applicable to all Default Insured Mortgages closing July 15th 2012 and after. Please notify your client of the additional cost to be paid at closing.
Important: If you have already received our mortgage documentation including the Cost of Borrowing Disclosure (COB) without indication of the sales tax, please note we will be issuing an Amendment to the Disclosure prior to the closing day with the sales tax amount included.
March 5, 2012
As of March 5, 2012, RBC's Toronto Mortgage Operations will be relocating from their current site at 180 Wellington Street West, 1st Floor, Toronto, ON M5J 1J1 to a new facility located at 10 York Mills Road, 3rd Floor, Toronto, ON M2P 0A2. Please update your records to ensure that any mail or courier deliveries are received and processed in a timely manner. Fax and phone numbers are NOT changing. If you have any questions please contact your Mortgage Closing Officer or the Expert Advice Centre.
May 2011
Form 03915- General Instructions to Lawyer/Notary Collateral Mortgages – Updated
Form 04180 - GENERAL INSTRUCTIONS TO LAWYER/NOTARY Residential Mortgages/Hypothecs -- Updated
November 2010
Where available RBC Royal Bank can now deliver residential mortgage mandates using TELUS' Assyst Real Estate solution at http://telus.assystrealestate.com/en/default.aspx
Where available RBC Royal Bank can now deliver RBC Homeline Plan mandates using TELUS' Assyst Real Estate solution at http://telus.assystrealestate.com/en/default.aspx
Changes to Forms:
Forms 00857 and 50857 - Letter of Independent Legal Advice
Please be advised that forms 00857 and 50857 are now available on the Lawyers and Notaries –Collateral/RBC Homeline Plan™ Mortgage Documents website in all provinces except Quebec.
Form 03915- General Instructions to Lawyer/Notary Collateral Mortgages – Updated
Forms 03958 – RBC HOMELINE PLAN™ REQUEST FOR FUNDS – NOTICE OF REGISTRATION –– Updated
Form 3977 -- LETTER OF DIRECTION - Removed From all Collateral/RBC Homeline Plan™ Mortgage Documents pages (Obsolete) - all provinces except Quebec
Form 4177 - REPORT ON TITLE -- Updated
Form 4180 - GENERAL INSTRUCTIONS TO LAWYER/NOTARY Residential Mortgages/Hypothecs -- Updated
June 2010
Information Re: G20 Summit
For lawyers/notaries outside of Québec…
As you are aware, the G20 Summit is being held in downtown Toronto over the period June 24-28. To prepare for possible disruption in accessing our premises in Toronto , we will be invoking our business continuity plans which involves making use of additional space outside of the core area. To ensure that none of our legal partners nor our mutual clients are adversely impacted, we ask your assistance in our preparations.
For any transactions scheduled to close during the above period, please submit your Request For Funds complete with trust account information for any Financial Institution ASAP, but no later than June 21. We wish to program electronic disbursements in advance of the closing date for all transactions. For closings June 29 - July 2, please request funds by June 24 if possible.
Should you be aware of a transaction closing during the period and we have not contacted you nor provided our instructions a week in advance, please contact the following Mortgage Closing Officer lines to investigate:
Ontario, Atlantic, & Nunavut 1-866-821-9303
BC, Prairies, Yukon & NWT 1-866-850-7804.
Disbursements as well as document production for "rush" transactions involving a lawyer or notary will be our highest priority.
Dec 2009
Attention:
Effective December 23rd 2009, RBC Royal Bank will implement amended Cost of Borrowing Disclosure Statements/Agreements to comply with the Federal Cost of Borrowing (COB) regulations that takes effect January 1st, 2010. These changes require a Summary Box to be placed at the beginning of each document. It summarizes the important details of the transactions for our clients to review prior to signing documents.
June 2009
Quebec - The below forms have been amended. Please ensure you use the current documents on the website.
03991 / 53991 - DEED OF RESIDENTIAL HYPOTHECARY LOAN (Fixed Rate)
03992 / 53992 - Deed of Residential Hypothecary Loan (Variable Rate)
03993 / 53993 - Deed of Residential Hypothecary Loan (RateCapper)
May 2009
The 04176/54176 Builders/Construction Mortgage Additional Instructions and the 04180/54180 General Instructions To Lawyer/Notary have been amended. Please ensure you review only the current document on the website.
Form 04176 – Residential Mortgages – Builders/Construction Mortgage Instructions – All Provinces
Several changes have been made to the first three pages of these documents to capture changes permitting the first advance to be used to purchase land or withdraw equity from owned land. When the first advance is used for this purpose, the construction/mechanics lien does not apply. Instructions regarding mobile, modular, manufactured, prefabricated and panelized units have been revised.
Form 04180 – Residential Mortgages - General Instructions to Lawyer/Notary – All Provinces
Changes to Section 11, page 16 regarding mobile, modular, panelized, manufactured and prefabricated homes.
March 2009
Where available RBC Royal Bank can now deliver residential mortgage mandates using TELUS Assyst Real Estate solution at http://telus.assystrealestate.com/en/default.aspx.
Form 4180 General Instructions to Lawyer/Notary Residential Mortgages/Hypothecs
Form 03915 - General Instructions to Lawyer/Notary Collateral Mortgages
Forms 03958 and 53958 - All provinces - Collateral Mortgages
Forms 03328 and 53328 - All provinces - Residential Mortgages
November 2008
Direct Funding of Mortgage Proceeds to Trust Accounts - Update
Beginning in May 2008, RBC Royal Bank commenced using our RBC Express ACH Direct Deposit product to electronically fund lawyer/notary trust accounts and began phasing out our current practice of producing and distributing cheques and or drafts for the proceeds of mortgage transactions. In addition to the obvious benefit of being paperless and time efficient, our new electronic funding process will allow lawyers/notaries and their banker to see the funds in their trust account at the open of business on the associated closing date. We anticipate having full national deployment of our RBC Express ACH Direct Deposit funding solution by early 2009.
July 2008
Forms 00857 and 50857 - Letter of Independent Legal Advice
Please be advised that forms 00857 and 50857 are now available on the Lawyers and Notaries website in all provinces except Quebec.
Forms 03979 and 03980 - Northwest Territories - Residential Mortgages
Please be advised that the title of the Consent of Spouse page has been updated to reference Northwest Territories
June 2008
Direct Funding of Mortgage Proceeds to Trust Accounts
Beginning in May, RBC Royal Bank commenced using our RBC Express ACH Direct Deposit product to electronically fund lawyer/notary trust accounts and began phasing out our current practice of producing and distributing cheques and or drafts for the proceeds of mortgage transactions. In addition to the obvious benefit of being paperless and time efficient, our new electronic funding process will allow lawyers/notaries and their banker to see the funds in their trust account at the open of business on the associated closing date. We anticipate having full national deployment of our RBC Express ACH Direct Deposit funding solution by September of this year.
February 2008
Forms 03958 and 53958 - All provinces - Collateral Mortgages
Please be advised that the fax number on form 03958 and 53958, has been changed to: 1-866-718-1577: (Quebec fax number only)
February 2008
New Mortgage Assumption Procedures for Prospective Home Purchasers In Alberta
Effective February 29, 2008, all prospective home purchasers in the province of Alberta who wish to assume an existing RBC Royal Bank® residential mortgage must be qualified and approved through RBC Royal Bank's standard mortgage application process.
Through the standard credit application process, an experienced and knowledgeable mortgage specialist can guide the prospective home purchaser - answering questions, providing financial advice, and ensuring that the client is aware of and understands the terms and conditions of the mortgage they are assuming.
The seller also benefits from the change too - they can now be released from the mortgage on a property they no longer own, once the proposed purchaser is approved through the credit application process.
This change allows RBC Royal Bank to meet the anti money laundering regulatory requirements and ensures any existing mortgage default insurer’s policies, that may be in effect, are met. Opportunities for fraud will be reduced and potential fraudulent mortgage applications will be more easily identified. This will bring Alberta in alignment with the rest of Canada where full credit applications are completed for all RBC Royal Bank mortgage assumptions.
October 2007
Form# 03915 - Collateral Mortgages - General Instructions to Lawyer/Notary - All provinces
Page 1, St.Guarantee Insurance Company has changed their name from St. Paul Guarantee Insurance Company to Travelers Guarantee Company of Canada.
Form# 04176 - Residential Mortgages - Builders/Construction Mortgage Instructions - All provinces
Changes made to section 1, page 3, under the heading "Quebec Only".
Form# 04180 - Residential Mortgages - General Instructions to Lawyer/Notary - All provinces
Several Changes
Approval of Mortgage and Cost of Borrowing Statement of Disclosure
Effective October 24th, 2007, all Approval of Mortgage and Cost of Borrowing Statement of Disclosure documents have been rewritten to make the documents easier to understand and review. We will continue to mail or fax the documents to you.
Lawyers Website For Payout Statement changes
Effective October 9th, 2007, Royal Bank of Canada will introduce redesigned Payout, Information and Assumption statements for Residential Mortgages, and RBC Homeline Plan® mortgage segments. Some of the changes are highlighted below:
- Payout funds must be received within 5 calendar days after the effective date of the Payout Statement for all provinces excluding Quebec or the statement will be null and void;
- The Payout Statement will indicate that the lawyers/notary is required to retain an amount equal to the regular payment amount for 10 calendar days after the payout funds are remitted. This requirement has been added due to the fact mortgagors from time to time fail to make the last payment prior to the payout date. If the final payment is not received, a discharge of the mortgage cannot be processed;
- Information statements are not valid for payout, transfer or assumption purposes, and are only valid on the day of issue;
- Assumption statements will provide confirmation if the current mortgage is delinquent, and the amount of the arrears required to be paid by the vendor. The arrears must be paid as a condition of the processing of the assumption of the mortgage.
It is advised that all conditions on the statements be reviewed to ensure compliance, in order to avoid delays in obtaining the discharge/transfer document, as required.
Forms – 53936 and 53937 – Residential Mortgages – All provinces
Minor changes have been made to paragraph 18, under "Choix de la Loi Applicable, on page (7). The word "du" has been deleted and replaced with "de la".
August 2007
Where available RBC Royal Bank can now deliver residential mortgage mandates using Emergis' Assyst Real Estate solution at http://www.emergis.com/solutions/finance/real_estate/default.aspx.
Form 4180 GENERAL INSTRUCTIONS TO LAWYER/NOTARY Residential Mortgages/Hypothecs -- Updated
July 2007
Form 04231 and 54231 - Residential Mortgage - All provinces - EXCLUDING QUEBEC.
The reference made to "Standard Instructions to Lawyer" has been changed throughout the document to read "General Instructions to Lawyer/Notary" to reflect the correct terminology and to assure consistency.
Please be advised of the NEW forms added for the SWITCH Program for the Province of Quebec only, Residential Mortgage;
- Form #00715 and 50715 - Deed of Loan and
- Form #50718 - Quittance
June 2007
Form 1072 - Mortgage (Form 15) (Variable) - used in NB only - has been revised to correct a "typo".
Form 3929 (On page 4 ) - Alberta - Collateral Mortgages
On the bottom of Page 4,
- Deleted *This Commissioner is not to be an employee of Royal Bank of Canada or its subsidiaries.
- Deleted the *, [open and closed] brackets below the signature line for the Commissioner of Oaths.
Form 3953 (On page 4) - Alberta - Collateral Mortgages
On the bottom of Page 4,
- Deleted the margin note that read *This Commissioner is not to be an employee of Royal Bank of Canada or its subsidiaries.
- Deleted the *, [open and closed] brackets below the signature line for the Commissioner of Oaths. on the right hand side of the bottom of page 4
Form 3984 (On page 5) - Alberta - Residential Mortgages
On the bottom of Page 5 in the left margin - note deleted which read as follows:
- Deleted the margin note; *This Commissioner is not to be an employee of Royal Bank of Canada or its subsidiaries.
- Deleted the *, [open and closed] brackets below the signature line for the Commissioner of Oaths. on the right hand side of the bottom of page 5
May 2007
For Quebec Only - Holdback for legal hypothecs - The Bank's funding process has changed. The notary, not the Bank, is responsible for maintaining the holdback for legal hypothecs of persons who took part in the construction or renovation of an immovable. Please refer to our Builder/Construction Mortgage Additional Instructions (Form 4176 located on our legal documents website or through Assyst Real Estate) and manage the holdback in accordance with those instructions.
Form 1097/51097 - Landlord Consent - Please note that with regards to Form 1097/51097 - Landlord Consent the lawyer/notary is required to obtain Form 1097/51097 when completing a CLIP Site Lease transaction as outlined in Form 4181 - CHATTEL LOAN INSURANCE PROGRAM (CLIP) – Site Lease Property ADDITIONAL INSTRUCTIONS. This document must be obtained prior to funding.
Form 3328 REQUEST FOR FUNDS -- Updated
B.C. - Form 3950 - Postponement of Entitlement under Family Relations Act - updated to allow the fields to be completed electronically in the MS Word Document.
April 2007
Form 4180 GENERAL INSTRUCTIONS TO LAWYER/NOTARY Residential Mortgages/Hypothecs -- Updated
Standard Instructions to Lawyers/Notaries – Residential Mortgages/Hypothecs
Effective April 20, 2007, our Standard Instructions to Lawyers/Notaries – Residential mortgages/hypothecs will be divided into the following documents:
- General Instructions to Lawyer/Notary – Residential Mortgages/Hypothecs
- CLIP Mortgage – Site Lease Property – Additional Instructions
- Builders/Construction Mortgage – Additional Instructions
- Specific Instructions for all Residential Mortgages/Hypothecs
- Specific Instructions for all Builders/Construction Mortgages/Hypothecs
- Specific Instructions for all Chattel Loan Insurance Program (CLIP) Mortgages/Hypothecs
Most of the instructions/documentation required to complete the transaction will be available on this website with the exception of the Specific Instructions which we will mail or fax to you. Documents will continue to be available in Word and PDF formats.
February 2007
The column name of the "Documents for Lawyers and Notaries" website has been modified as follows:
| Column Currently Reads: | Revision Date |
| MM-DD-YYYY |
| New Column Name: | Website Last Updated: |
| MM-DD-YYYY |
Additional Instructions to Lawyer Leasehold Mortgages on Indian Lands (all provinces and territories except Quebec) - Form 4231 - is now available in WORD and PDF formats.
December 2006
B.C. - Collateral/RBC Homeline Mortgage Documents - Form 3915 - section 3.(b)(vii) updated
September 2006
SASKATCHEWAN - Form 3981 - section 7.2 (2) updated
COLLATERAL/RBC HOMELINE PLAN TM MORTGAGE DOCUMENTS
Effective September 15, 2006, collateral/RBC Homeline Plan mortgage documents will be available on this website. For each Province/Territory you will have the ability to select either residential mortgage documents or collateral/ RBC Homeline Plan mortgage documents. All documents will continue to be available in Word and PDF formats.
August 2006
UPDATE : WESTERN LAW SOCIETIES CONVEYANCING PROTOCOL
RBC has launched the Conveyancing Protocol for British Columbia, Alberta, Saskatchewan and Manitoba. Effective immediately: RBC will be accepting the Conveyancing Protocol for Residential and Construction Mortgages. RBC will extend this Protocol to include RBC Homeline Plan and Collateral Mortgages at a date to be determined. Please ensure the Protocol instructions are completed as indicated on the document located under the appropriate province.
PAYOUT STATEMENT REQUESTS
Effective immediately, when a residential mortgage payout statement request is received earlier than 10 calendar days prior to the closing date, RBC will fax an acknowledgement to the originator, indicating a date on which the request will be completed.
June 2006
Certain documents have been updated. Please continue to refer to the specific province/territory for most recent versions.
May 2006
UPDATED : REFER AUGUST 2006: WESTERN LAW SOCIETIES CONVEYANCING PROTOCOL
MORTGAGE EXECUTED UNDER A POWER OF ATTORNEY
RBC has added instructions for mortgages executed under Power of Attorney for all provinces and Territories. Please ensure instructions are completed as indicated for all mortgages executed under a Power of Attorney.
April 2006
UPDATED - REFER MAY 2006: WESTERN LAW SOCIETIES CONVEYANCING PROTOCOL
RBC has launched the Conveyance Protocol for BC, Alberta, Saskatchewan and Manitoba. Effective immediately: Please ensure the Protocol instructions are completed as indicated on the document located under the appropriate province.
March 2006
VARIABLE RATE MORTGAGE
New Variable Rate mortgage documents have been added under all Provinces and Territories. This is part of a new Variable Rate Closed mortgage product, launched by RBC on March 17, 2006.
February 2006
PDF FORMAT NOW AVAILABLE
All documents are now available in both WORD and PDF format as read only.
FACSIMILE TRANSMISSION
Effective March 17, 2006, RBC Royal Bank® will send Standard Instructions to Lawyer/Notary and other RBC Royal Bank documents not on the website (e.g. approval of mortgage documents) for all residential mortgage transactions by electronic facsimile transmission. The faxed documents are to be used in lieu of original documents.
If a copy of a bank draft is included in the facsimile transmission, the original will follow. If no copy of a bank draft is included, please read the Standard Instructions to Lawyer/Notary for more information.
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