Posts tagged with “Trustee”

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

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…

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Property Purchase Tax Act, Bill 60 #115

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Clauses in the Offer to Purchase #8

The Offer to Purchase used by the Multiple Listing Service of the Victoria Real Estate Board contains the following clauses:” . . . Balance of cash payment to be deposited in trust by the purchaser by 5 p.m. on…

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