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The movable hypothec Did you know that the movable hypothec can be granted for any types of obligations? That to be valid, the movable hypothec without delivery of the movable hypothecated, must be written? That the movable hypothec in favor of a creditor can also be granted by a surety. Unless hes carrying on an enterprise, an individual can only consent a movable hypothec without delivery of the movable hypothecated on specific goods, notably a road vehicle, a caravan, a mobile home, a boat, a watercraft. Other permitted goods are incorporeal goods according to the Securities Act, such as claims, rights in an insurance contract and the rights of intellectual property. RRSP and RRIF cant be given as security for payment. Besides corporations, only the individual carrying on an enterprise may grant a movable hypothec on a universality of goods, movable or immovable, present or future, corporeal or incorporeal For information, the carrying of an enterprise constitutes in an organize
