Quote:
Originally Posted by bizaro86
Yes. And you'll be required to get a lawyer to re-register the mortgage. You may be able to negotiate the new bank pays for it, but not always.
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For a simple mortgage switch at renewal there's no need for a lawyer, you don't even need a lawyer to change lenders/companies mid-term unless it's a slighly complicated deal like you've got a Scotia STEP in which case they've (Scotia) registered a bunch of different things on title.