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Condominium Documents


The following documents are required by the Buyer within a specified period of time after an offer is made. It is the responsibility of the Seller to supply them in time for the Buyer to review and approve them in time to remove this condition of sale.
  1. Copy of registered condominium plan
  2. Copy of the Condominium Corporation's current bylaws
  3. Copy of the Condominium Corporation's current financial statement, most recent annual financial statement and annual report
  4. Copy of current annual budget and condominium fee schedule
  5. Copy of the minutes of the most recent general meeting of the Condominium Corporation
  6. Condominium board of directors minutes for the past 12 months
  7. Copy of any special resolution being circulated
  8. Copy of the insurance certificate
  9. Copy of any lease agreement or exclusive use agreement with respect to the possession of a portion of the Common Property, including a parking stall or storage unit
  10. Copy of any management agreement
  11. Copy of any recreational agreement
  12. Details of any structural deficiencies in the condominium complex
  13. The amount of the reserve fund
  14. Copy of the reserve fund study
  15. Copy of the reserve fund report
  16. Copy of the reserve fund plan
  17. The particulars of any post tension cables that are located anywhere on or within the Property that is included in the condominium plan
  18. Percentage of owner occupancy in the complex
  19. Details of any contributions already levied but which will only become effective after the Completion Day
  20. Details of any actions commenced against the Corporation
  21. Details of any unsatisfied judgment or outstanding court order against the Corporation
  22. Details of any written demand upon the Corporation for payment of an amount in excess of $5,000.
  23. Any other relevant details

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