Canada Renunciation of Rights in Collateral

Renounce your rights in assets you used as collateral for a loan with this Renunciation of Rights in Collateral form, for use in Canada.

• The Notice is given by a defaulting debtor to the lender who has a security interest in the assets..
• The debtor renounces all rights it has in the collateral, and turns the collateral over to the lender, as secured party.
• This form can be used in any Canadian province or territory.

The Canada Renunciation of Rights in Collateral template is a downloadable Microsoft Word document.