60-Day Notice in Quebec and How to Protect Your Property

If you are a homeowner and have received a 60-day notice, you still have time to act. This document does not mean you have lost your property, but it is a serious step that calls for a quick response.

At Clic Hypothèque, we help you resolve the situation with a private mortgage loan, without going through a bank's approval process.

What Is a 60-Day Notice?

A 60-day notice (also called a prior notice of the exercise of a hypothecary right) is a legal document your mortgage lender sends you when you fall significantly behind on your obligations.

This notice is registered in the land register and gives you a legal period to correct the situation before the lender can start further legal proceedings.

Why Did I Receive This Notice?

A 60-day notice is usually issued because of:

What Happens If I Don't Act in Time?

Receiving a 60-day notice does not mean you have already lost your property, but the longer you wait, the fewer options you will have.

In the worst case, the situation can lead to a sale under judicial authority, where your property is sold under court supervision and you recover a value far lower than in a normal market sale. That is why it is important to act as soon as you receive the notice.

How Clic Hypothèque Can Help

Clic Hypothèque is not an institutional lender or a broker. We are a private lender that finances based on the equity in your property.

If you have available equity in your house, condo or building, we can help you quickly access funds to pay the arrears, stop the proceedings underway and protect your property.

How the Process Works

We assess the value of your property

We verify the available equity

We review your repayment capacity

We offer you a short-term private mortgage adapted to your situation

Is This a Permanent Solution?

No. The goal is not to permanently replace your traditional financing, but to create a temporary financial bridge while you reorganize your situation and prepare for future refinancing with a conventional lender.

If your situation allows it, debt consolidation can also help you reorganize your finances and prevent the situation from happening again.

Our Private Mortgage Financing Solutions

A private mortgage loan can be tailored to different needs. Discover the solution that fits your situation:

60-Day Notice

Debt Consolidation

Renovation Financing

Bridge Loan

Multi-Property Investors

Self-Employed Workers

Who Is This Solution For?

A private mortgage in response to a 60-day notice may be right for you if you:

Have a weakened credit record

Are going through a career transition

Are facing a temporary difficulty (job loss, accident, illness) that has affected your ability to pay, but still have equity in your property

We assess each file case by case, no matter where your property is located in the province.

Frequently Asked Questions

Clear answers to help you understand private mortgage financing.

What Exactly Is a Prior Notice of the Exercise of a Hypothecary Right?

It is the legal name for the 60-day notice. It is a document your mortgage lender must send you before starting certain legal proceedings, and it must be registered in the land register.

How Long Do I Have to Act After Receiving the Notice?

You have 60 days to correct the situation. The sooner you act, the more options you will have to resolve it without losing your property.

Does a 60-Day Notice Mean I Have Already Lost My Property?

No. It is a serious step, but solutions still exist, including private mortgage financing, to prevent the situation from leading to a sale under judicial authority.

Can I Get a Private Loan Even With Bad Credit?

Yes. We mainly assess the available equity in your property, not your credit history.

Received a 60-day notice? Don't wait to act.

Request a confidential assessment today and get an answer within 24 hours.