Prepare a Transfer of Assets with this easy-to-use template for Canada, under which a corporate seller (Assignor) transfers land to a buyer (Assignee) in exchange for:

• the Assignee's assumption of a mortgage on the land. and
  
• an issuance of shares in the capital stock of the Assignee.

The parties agree to file a Section 85 election under the Income Tax Act.

This is a Canadian legal document in MS Word format, and is fully editable to fit your specific circumstances.