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https://www.mondaq.com/canada/Real-Estate-and-Construction/12876/Quebec--Movable-Hypothec-Without-Delivery
Jul 25, 2001 · Until now, a movable hypothec without delivery could only be granted in Quebec by a legal person or by a physical person carrying on an enterprise.
https://www.educaloi.qc.ca/en/capsules/hypothecs
A movable hypothec with delivery is published when the creditor receives the property charged with the hypothec. For example, the hypothec was published when David left his watch with Hubert. Another person (a person other than the creditor) can also hold the property if the debtor agrees.
https://www.biztree.com/doc/agreement-of-movable-hypothec-without-delivery-D1131
AGREEMENT OF MOVABLE HYPOTHEC WITHOUT DELIVERY This Agreement of Movable Hypothec Without Delivery (the “Agreement”) is effective 13.04.2020, BETWEEN: [YOUR COMPANY NAME] (the "Purchaser"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: …
https://ccq.lexum.com/w/ccq/en#!fragment/sec2713.8
A movable hypothec with delivery effected by control of a monetary claim obtained by a creditor ranks ahead of any other movable hypothec encumbering that claim, from the time that control is obtained, regardless of when that other hypothec is published.
https://www.lexico.com/definition/hypothec
‘Moveable hypothecs with delivery are not required to be in writing.’ ‘The hypothec allows the Landlord to sell the movable goods of the tenant, which are on the leased premises.’ ‘The legal framework governing realization of most quasi-security interests is in Quebec the same as for hypothecs.’
https://www.empire.ca/sites/default/files/2019-02/C-0073-MovableHypothec-EN-web.pdf
NOTICE OF MOVABLE HYPOTHEC WITHOUT DELIVERY (QUEBEC) Throughout this form, “Empire Life” means The Empire Life Insurance Company. Policy/contract number(s) First name of Life/Person Insured/Annuitant Last name First name of Owner Last name
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