Products tagged with 'co-owner certificate'

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.