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    Trust Deed and Mortgage for Syndicated Land Investment | Canada


    Prepare a Trust Deed and Mortgage for a syndicated land investment in Canada with this downloadable template.

    • This Deed creates a number of mortgages which will be registered against title to lands on which a condominium project will be developed.
    • The mortgages form the basis of a syndicated (fractional) investment offering.
    • Investors can purchase an interest in the mortgages and will be paid a guaranteed rate of interest on their investment.
    • The Trust Deed appoints a trustee who will hold title to the lands on behalf of all of the investors (mortgagees).
    • The mortgages are all first mortgages and all rank equally with one another.
    • The mortgagor can pay out the mortgage at any time, but must pay a bonus to the investors equal to 12 months' interest on the mortgage balance.
    • This legal form template is available in MS Word format and is fully editable.
    • Governed by Canadian laws and intended for use only in Canada.
    Download Type: Microsoft Word
    Last Updated: 06-May-2021
    SKU: 79