I live in northern Canada (so I understand there are legal differences from our neighbours to the south) and would like to start a real estate investing corporation with a few coworkers.We would be a group of about 5-7 individuals investing in Canada with options to spread into the States if things go well.What I would like advice on is what kind of verbiage to include in our contractual agreement (bylaws, unanimous shareholder agreement, etc.).

The papers were signed by the Legal Power of Attorney.

In that case a failure could take a long time to bounce back from versus a doctor worth 1.4 million but making 800k a year and net worth is growing fast.No legal advice given.  

My experience has been that homes cut up into units may or may not be legal in any given community.

The loan would still be in there name, but you would have legal right to the property.

Make sure you consider you the legal aspect of the structure as well. 

That is all you should need to legally enter the property.

DISCLAIMER: Not legal advice, just the opinions of some dolt on the internet, advice should not be taken for anymore than entertainment value, and that is questionable :)

@Jake Langley The note needs to be 120 days delinquent before you can start FC (record the NOD).https://www.nolo.com/legal-encyclopedia/nevada-for...Before you record the NOD, however, you need to send the borrower a breach letter, which is sent out at 90 days delinquency.

The HOA had tried unsuccessfully to get insurance to pay for repairs, but insurance has denied the claim.So my question is whether or not this is something that should have been disclosed legally, or whether it is simply a case of "buyer beware" and now it's my problem to deal with $$$$$$$$$$.Anyone have insight?