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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.
- Copy of registered condominium plan
- Copy of the Condominium Corporation's current bylaws
- Copy of the Condominium Corporation's current financial statement, most recent annual financial statement and annual report
- Copy of current annual budget and
- A Statement setting out the amount of the monthly contributions (condo fees) and the basis on which that was determined
- Copy of the minutes of the most recent general meeting of the Condominium Corporation
- Condominium board of directors minutes for the past 12 months
- Copy of any special resolution being circulated
- Copy of the insurance certificate
- 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
- Copy of any management agreement
- Copy of any recreational agreement
- Details of any structural deficiencies in the condominium complex
- A statement setting out the amount of the capital reserve fund
- Copy of the reserve fund study
- Copy of the reserve fund report
- Copy of the reserve fund plan
- The particulars of any post tension cables that are located anywhere on or within the Property that is included in the condominium plan
- Percentage of owner occupancy in the complex
- Details of any contributions due and payable in respect of a unit
- Details of any contributions already levied but which will only become effective after the Completion Day
- Details of any actions commenced against the Corporation
- Details of any unsatisfied judgment or outstanding court order against the Corporation
- Details of any written demand upon the Corporation for payment of an amount in excess of $5,000.
- Any other relevant details
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