How To Register A General Security Agreement In Alberta

4[3] requires the insured party to whom a written request has been made to record, no later than forty days after the date of adoption of the application, either a statement of change in funding to amend or discharge the registration or to transmit to the Registrar an order of the Tribunal confirming that the registration does not need to be amended or stopped. accompanied by a completed declaration of change in financing in relation to the contract. The security agreement applicable to a given secured financing transaction is contextual in relation to the guarantees. It is therefore necessary to ensure that an appropriate security agreement is applied. The lawyers at Kahane Law Firm can ensure that your security agreement is a property established in accordance with the rules of the PPSA.

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