Co-Lenders’ Personal Liability for Agent’s Misrepresentation #326

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry NeelyB.A. LL.B. Raising financing for a specific project occasionally involves pooling the funds of a number of investors in a mortgage in favour of a limited company which is incorporated and managed by the persons who brought the project to the attention of the investors. An arrangement of this kind is often structured