Alberta · Receivership (court-appointed)
Sale Approval and Vesting Order re More - Reid Lots (May 16, 2018)
Approval and vesting order · 16 May 2018
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- closing termsTitle vests in the Purchaser upon the Receiver's delivery of a Receiver's Certificate confirming payment of the Purchase Price, satisfaction or waiver of Article 12 closing conditions, and completion of the Transaction to the Receiver's satisfaction.
- order date16 May 2018
- presiding officerJustice R. A. Graesser
- purchaserKulwinder Kaur More and Sital Singh More
- sale outcometext: Court approved the Transaction and the Receiver's execution of the Sale Agreement with the Purchaser for the Reid lot (Plan 1413361 Block 42 Lot 33), with vesting to occur on delivery of the Receiver's Certificate. · scope: parcel · status: approved