Is the CEIP project financing listed on the title of the property? And will it have priority ahead of any mortgage payments in the case of default?

The CEIP program financing is recorded on the property tax roll but may not be registered on title. Like property taxes, CEIP has primary lien status, which means, in case of default, the CEIP financing is repaid before a first mortgage. Property owners should review the municipality’s Program Terms and Conditions and confirm with Alberta Municipalities should they have questions.