Co-Owner's Certificate for Units in Syndicated Mortgage (Alberta)
Price $10.00
Document Id : 308
Use this template form for the Province of Alberta to issue Co-Owner Certificates for units in a syndicated mortgage.
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 Alberta Syndicated Mortgage Co-owner's Certificate form is in MS Word format, and is easy to download, fill in and print.
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