Notice of Purchase Money Security Interest | Canada

Give notice of a purchase money security interest in inventory with this template form for Canadian businesses.

  • The Notice is given by a supplier to other creditors of a customer to whom the supplier has sold inventory on credit, using the goods as collateral.
  • The Notice should be sent to any creditor who also has a security interest in the customer's inventory.
  • The supplier notifies the other creditors that its security interest may take priority over theirs.
  • This Notice form is available in MS Word format.
  • Intended for use only in Canada, pursuant to Personal Property Security Act legislation.
Document Type: Microsoft Word
Last Updated: 20-June-2021
SKU: 528
$2.29
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  • The Agreement covers the customer's purchase of inventory, parts and accessories from the supplier.
  • The supplier is given a security interest over all of the customer's present and future inventory, accounts, assets and property.
  • Title to all inventory supplied remains with the supplier until the customer has paid in full.
  • The customer may only sell the goods in the ordinary course of its business.
  • This legal contract template is downloadable and editable to fit your business needs.
  • Governed by Canadian laws and intended for use only in Canada.
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Give notice of your security interest in a debtor's collateral with this Notice of Interest in Collateral template for Canadian lenders.

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