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Alberta Bare Land Condominium Bylaws
Prepare bylaws for an Alberta bare land condominium development with this easy-to-use template.
- The by-laws set out how the condominium corporation will be operated, and the duties and rights of the owners, the corporation and the developer.
- Initial matters such as the establishment of the reserve fund are dealt with.
- Until real estate taxes are assessed on each unit, the taxes will be apportioned amongst all the owners according to their respective unit factors.
- The developer is obligated to complete the common property, to remedy any defects, and to keep it free of liens and claims.
- The Bare Land Condominium Bylaws template is prepared in compliance with the Condominium Property Act.
- You can download the template immediately after paying for it.
- Intended for use only in the Province of Alberta, Canada.
$46.99
Participating Mortgage on Condo Project | Canada
Prepare a Participating Mortgage for a loan on a condominium project in Canada with this template form.
- A participating mortgage is a loan under which the lender (Mortgagee) participates in the revenues of the property.
- A portion of the interest on the loan is to be paid to the Mortgagee annually.
- A further portion of the interest will be paid from the balance of sale proceeds of each of the condo units (if any), after payment of development costs, financing charges and marketing costs.
- The borrower (Mortgagor) will be paid a general and administrative fee for construction and management of the project.
- A further project expense consisting of interest on the equity is to be paid to the developer.
- After one year, the Mortgagor can prepay all or part of the mortgage loan without bonus or penalty.
- Available in MS Word format.
- Intended to be used in Canada.
$44.99
Restrictive Covenant for Condo Parking Units | Canada
This Restrictive Covenant limits the sale or transfer of parking units in a Canadian condominium project.
- This form of Restrictive Covenant would be used only by projects in which the parking stalls have separate titles and can be sold separately from the condominium units.
- The Restrictive Covenant restricts the disposition of the parking units so that they can only be sold or transferred to other unit owners or to the condominium corporation.
- This legal form is available as a fully editable MS Word template.
- Intended for use only in Canada.
$12.49 $11.99
Ontario Condominium Resale Agreement
Sell a previously owned condo unit in Ontario with this Agreement of Purchase and Sale of Condominium - Resale.
- This Purchase and Sale Agreement is intended for transactions where neither party is using a realtor, which is called a 'for sale by owner' (or FSBO) transaction.
- It should be used only for an existing condo unit, not for a new condominium, where the units would be sold by the developer.
- This is not the OREA standard form of contract. OREA contracts must be obtained from a member of the Ontario Real Estate Association.
$12.49
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Alberta Land Trust and Indemnification Agreement
Draw up a Trust Agreement for land in Alberta with this downloadable template.
- The Agreement is made in respect of land which will be registered in the name of the trustee as bare trustee, to be held in trust on behalf of another party who is the beneficial owner.
- The parties will each pay their separate debts, except for expenses already incurred, which will be paid by the owner.
- The parties will keep each other indemnified against claims arising with respect to the land.
- The trustee has the power to lease or mortgage the land, with the consent of the owner.
- Available in MS Word format.
- Intended for use only in the Province of Alberta, Canada.
$12.49 $11.99
