Quote:
Originally Posted by SeoulFire
No securities are being sold - you are simply a private money lender who lends at given terms bound by contract and secured by the property.
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So there is going to be a note/contract of some kind and a security interest in the property?
NI 45-106:
“debt security”
means any bond, debenture, note or similar instrument representing indebtedness, whether secured or unsecured;
I'm not a lawyer or in any capacity to provide a professional opinion on that and I'm not suggesting you are not in compliance with securities regulations... but perhaps you should consult such a professional. Maybe you already have. That's fine. Just suggesting.
And I'm not trying to discredit or to provide a positive or negative opinion on your opportunity either.