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Document Id : 378
File Type : Microsoft Word
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Canada Corporate Resolutions re Syndicated Mortgage
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:- lend money to a related corporation (typically a land development company) under the terms of a syndicated mortgage on the lands owned by the borrowing company, and
- enter into a co-ownership agreement with the investors who purchase fractional interests in the mortgage.
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