Quebec · Receivership (court-appointed)
Second Report of the Receiver
Court officer report · 4 February 2016
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What we verified from this filing8 verified
- closing confirmedscope: Unit 1712 · outcome: completed · date basis: unstated · approval order date: 2014-05-21; scope: Village Property · outcome: completed · date basis: unstated · approval order date: 2014-05-21
- operational summaryThe Receiver reports on the completed sale of two properties approved by the Court in May 2014, and details the ongoing sale process for the third property (Unit 2112), including repairs, broker retention, market comparables, and an accepted purchase offer subject to Court approval.
- process resultsbids: 5 · note: offers received for Unit 2112 between November 25, 2015 and December 22, 2015 · as of: 2015-12-22
- purchaserprice: note: Receiver provided a $15,000 credit against the agreed upon purchase price · basis: cash · sealed: false · currency: CAD · scope: Unit 1712 · status: closed · name note: purchaser of Unit 1712, unnamed · structure: real_property · name source: recital · relationship: unstated; price: note: sale price adjusted by $4,980.88 to account for well contamination correction costs · basis: cash · sealed: false · currency: CAD · scope: Village Property · status: closed · name note: purchaser of the Village Property, unnamed · structure: real_property · name source: recital · relationship: unstated; price: note: net cash proceeds after 5.75% sales commission of $923,650 · basis: cash · amount: 980000 · sealed: false · currency: CAD · scope: Unit 2112 · status: approved · name note: 2112 Purchaser, unnamed · structure: real_property · name source: recital · relationship: unstated
- report date4 February 2016
- report noSecond Report
- sale advisorLouisa Fortin
- sale outcometext: Sale of Unit 2112 accepted subject to Court approval and vesting order; two prior properties concluded · scope: parcel · status: approved