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Old 04-14-2010, 04:15 PM   #151
firebug
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Quote:
Originally Posted by Traditional_Ale View Post




Then the bit about limited liability:



So if I'm understanding this correctly, if my investment in an REIT in Canada goes belly-up do to negligence or mismanagment then my original money is still safe? I'm so confused...
No.

Your liability is limited to the amount of your investment (i.e. you as an 'owner' cannot be sued for management's misdeeds).

In that type of situation you would likely lose your entire investment, but you wouldn't lose your house (or other assets).

Best regards,

Firebug
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