DOCUMENTS YOU’LL NEED WHEN PURCHASING A PROPERTY VIA LTC

Documents you’ll need when purchasing a property via LTC. What documents will you need? Resolutions, minutes, IRD forms etc. Your lawyer should prepare these three documents for you:

Minutes of Meeting of Directors (Sample)

Download File

Major Transaction Resolution of Shareholders (Editable, Word format)

Download File

Resolution Ratifying Resolution of Directors (Editable, Word format)

Download File

This resolution refers to why you bought the property, assuming it is for rental residential purposes. In addition, all of your written/email correspondence should make your intention clear, i.e., when communicating with your lawyer, bank, financial advisor explain that the purpose of the acquisition is for rental residential investment property.

Shareholders’ Special Resolution – To Purchase and Purpose (Editable, Word format)

Download File

This last file is a LTC election form. You use it to turn an ordinary company into a Look Through Company

ir862.pdf

Download File

MORE INFORMATION

Need some more info on LTCs? See this page or contact us