• unit fee for the condominium
• a statement of unpaid condominium fees on the unit
• details of any management and lease agreements on common property
• the amount of insurance on development
• whether the corporation has received notice of any legal action or claim against the common property
• details of any leases on common property
• details of general meetings, and the date of the next one
• the balance in the reserve fund
• name of the corporation's board of managers

The condominium corporation must provide you with the information listed under the Status Certificate within 12 days of your written request. It must also provide the following information within 12 days:

• the bylaws
• details of any written demand made upon the corporation for $5,000 or more
• a copy of the corporations current budget
• a copy of the most recent financial statement
• a copy of any minutes of general meetings of the corporation, and meetings of the board of managers
• details of any management and recreational agreements

Each and Every Province ion Canada and States in the USA have separate Condominium Acts or legislation.
Go to www.coreguelph.ca to register
for all MLS Condo listings in Guelph
as they are published

 

Mike Halley-2010

What exactly is a condominium?

What advantages does condominium ownership offer?

The Status Certificate

Condominium Costs