Picture of Offer to Purchase Undivided Interest in Syndicated Mortgage | Canada Picture of Offer to Purchase Undivided Interest in Syndicated Mortgage | Canada

Offer to Purchase Undivided Interest in Syndicated Mortgage | Canada

Prepare an Offer to Purchase Undivided Interest in Property under a syndicated mortgage with this template form for Canada.

  • The offer is made by an investor who wants to purchase an undivided interest in a syndicated mortgage investment.
  • The offer contains representations and warranties given by each party.
  • The purchaser, as a co-owner of the lands, directors that title be held in trust by the trustee appointed under the Co-ownership Agreement made among all the co-owners.
  • The purchaser grants the vendor an unconditional irrevocable option to repurchase the interest for the purchase price.
  • This legal form template is downloadable and editable.
  • Intended for use only in Canada.
Document Type: Microsoft Word
Last Updated: 30-October-2024
SKU: 294
$17.99
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Corporate Resolutions re Syndicated Mortgage | Canada

Use these templates to prepare corporate resolutions for a Canadian corporation to make a loan under a syndicated mortgage.

  • The resolutions authorize the corporation to:
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    • enter into a co-ownership agreement with the investors who purchase fractional interests in the mortgage.
  • This package of templates is available as a downloadable MS Word file.
  • Intended for use only for corporations incorporated in Canada.
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Picture of Co-Ownership Agreement for Syndicated Mortgage | Canada

Co-Ownership Agreement for Syndicated Mortgage | Canada

Raise funds to complete a development through the sale of syndicated mortgage interests with this Co-Ownership Agreement for Canadian land developers.

  • The agreement is between the various investors (co-owners of undivided interests in the syndicated mortgage), a trustee holding the land and an agent acting on behalf of the co-owners.
  • The co-owners grant the agent power to act as attorney on their behalf with respect to leasing, subdividing, rezoning, sale or otherwise dealing with the lands which are subject to the mortgage.
  • The mortgaged lands are registered in the name of the trustee, who holds the lands in trust for the co-owners. The co-owners each hold an undivided interest in the lands as tenants-in-common.
  • The agent will collect funds under the mortgage on behalf of the co-owners and make distributions to the owners from those funds.
  • The agreement provides for meetings of co-owners, and the keeping of books, records and financial information by the agent.
  • This form is part of the paperwork required for a syndicated mortgage investment in Canada.
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Picture of Information Memorandum for Syndicated Mortgage Transaction | Canada

Information Memorandum for Syndicated Mortgage Transaction | Canada

Prepare an Information Memorandum for a syndicated mortgage investment in Canada with this fully customizable template.

  • The offering will be made to Canadian residents who want to invest in the syndicated mortgage. Information contained in the memorandum includes:
    • encumbrances which are allowed to be registered against title to the land,
    • information relating to the land and the proposed development,
    • the corporate history and details of the parties involved (lender, land developer),
    • details of the purchase and sale agreement for the land,
    • details of the co-owner agreement among all the co-owners
    • a warning to investors about the speculative nature of the investment.
  • This template is available as a fully editable MS Word document. Intended for use only in Canada.
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