Alberta Co-Owner's Certificate for Units in Syndicated Mortgage

Issue Co-Owner Certificates to investors for units in a syndicated mortgage with this template form for Alberta.

  • Each of the investors who have purchased an undivided interest in the syndicated mortgage will be issued a certificate evidencing their tenancy-in-common share in the mortgage.
  • Interest will be calculated annually and paid quarterly.
  • All percentage ownerships rank pari passu (that is, equally on a proportionate basis).
  • The certificates are subject to redemption by prepayment or repayment of the mortgage.
  • This form is a downloadable MS Word template.
  • Intended for use only in the Province of Alberta, Canada.
Document Type: Microsoft Word
Last Updated: 03-June-2021
SKU: 308
$6.29
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Alberta Co-Owner Certificate for Syndicated Mortgage Transaction

Prepare a Co-Owner's Certificate for each investor in a syndicated land mortgage in Alberta with this template form.

  • The Certificates are issued to the investors (co-owners) by a company which is acting as bare trustee of the land on behalf of the co-owners.
  • The Certificate represents the investor's undivided interest in the mortgage and as a co-owner of the land.
  • This template is available in MS Word format and is fully editable.
  • Intended for use only for lands located in the Province of Alberta.
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Picture of Alberta Co-Owner Power of Attorney re Syndicated Mortgage

Alberta Co-Owner Power of Attorney re Syndicated Mortgage

Prepare a Power of Attorney from a co-owner (investor) in a syndicated mortgage investment with this fully editable template form for Alberta transactions.

  • The co-owner appoints the issuer of the investment (developer) as his/her attorney with respect to executing, filing and registering any documents necessary to document and protect the co-owner's interest in the mortgaged lands.
  • This legal form template is available as a downloadable MS Word template.
  • Intended for use only in the Province of Alberta, Canada.
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Picture of Alberta Syndicated Mortgage and Indenture

Alberta Syndicated Mortgage and Indenture

Raise funds for a land development in Alberta by selling fractional mortgage interests to investors with this Syndicated Mortgage and Indenture template.

  • Undivided Interest. Investors will be issued a promissory note and mortgage certificate by the mortgagor and will be owners of an undivided interest in the mortgage.
  • Security. Each Note Certificate issued ⁄ negotiated and certified shall be equally and ratably secured by the mortgage.
  • Payments. If a Note Certificate is registered in more than one name, any payments of principal and interest under the note will be paid by cheque payable to the order of all the holders named on the certificate, unless written instructions to the contrary are provided to the mortgagor.
  • Prepayment Rights. The mortgagor has the right to prepay any of the Note Certificates without penalty, upon payment of all interest accrued and unpaid as at the date of such payment.

Download the Alberta Syndicated Mortgage and Indenture template and customize it to fit your investment offer.

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