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Nova Scotia Postponement Agreement

Use this template to prepare a Postponement Agreement between two mortgage lenders holding mortgages on the same property in Nova Scotia.

The parties agree that the second mortgage will take priority over the first mortgage. The first mortgagee agrees to postpone its security, in return for the second mortgagee paying the first mortgagee a specified sum.

This Nova Scotia Postponement Agreement is provided in MS Word format.

Download: Nova Scotia Postponement Agreement

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