Alberta Co-Owner's Certificate for Units in Syndicated Mortgage

Issue Co-Owner Certificates for units in a syndicated mortgage with this template form for Alberta.

• Each of the investors who have purchased an undivided interest in the syndicated mortgage will be issued a certificate evidencing their tenancy-in-common share in the mortgage.
• Interest will be calculated annually and paid quarterly.
• All percentage ownerships rank pari passu (that is, equally on a proportionate basis).
• The certificates are subject to redemption by prepayment or repayment of the mortgage.

This Alberta Co-Owner's Certificate for Units in Syndicated Mortgage is in MS Word format, and is fully editable.