Skip to content

Power of Sale

Direct AnswerA clause in Canadian mortgages allowing the lender to sell a property without court involvement after the borrower defaults. Used in Ontario and some other provinces as a faster alternative to judicia

glossary

A clause in Canadian mortgages allowing the lender to sell a property without court involvement after the borrower defaults. Used in Ontario and some other provinces as a faster alternative to judicial foreclosure.

Related Articles

← Mortgage & Real Estate Glossary 2026 · Editorial standards

Need Help With power of sale?

Talk to a mortgage financing specialist for investors and get personalized guidance.

We use privacy-friendly analytics (no ad tracking). Calculator settings are saved on your device. See our Privacy Policy .