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ohiosr ohiosr
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6 years ago
I.M. Construction Ltd. decided to profit from the real estate boom and build a small retail and office building on land that it owns. Before the building is complete I.M. Construction Limited becomes insolvent. The property is subject to a mortgage that is not fully advanced and to many builders' liens. There have been inquiries from a number of parties who would be interested in renting space in the building. The real estate market is still booming. What practical advice do you have for the mortgage company and the lien holders?
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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MiY4GiMiY4Gi
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6 years ago
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ohiosr Author
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6 years ago
Correct Slight Smile TY
DaiwalkerX
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Yesterday
Helped a lot
Mcb
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2 hours ago
Good timing, thanks!
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