| Transfer of Shares for Land & Section 85 Election (Canada) ($12.50) |
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Prepare a Transfer of Assets with this easy-to-use template for Canada, under which a corporate seller (Assignor) transfers land to a buyer (Assignee) in exchange for:
- the Assignee's assumption of a mortgage on the land. and
- an issuance of shares in the capital stock of the Assignee.
The parties agree to file a Section 85 election under the Income Tax Act.
This is a Canadian legal document in MS Word format, and is fully editable to fit your specific circumstances.
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