What is a subject property?
The definition of mortgage term: Subject Property
A subject property is the property for which a borrower intends to get a loan. This can be either a new property or an existing property when refinancing.
Is subject to legal in Canada?
Does Canada have any mortgage or financing options similar to Subject To deals in the States? @Joel Arndt Yes, you can buy properties subject to the existing financing here in Canada.
Do I own my land in Canada?
The Right to Own Property
In Canada, all land is owned by the Crown and administered by the government. Private land owners are not owners at all, but mere tenants.