Condominium Document Requirements

List of Required Condo Documents

Realtors: please note that all of the following documents are required in order to complete a proper review for your client (also, see note below):


 
  • a copy of the registered condominium plan
  • a copy of the current bylaws of the corporation
  • a copy of the most recent financial statements of the corporation, including the most recent year end and month end statements
  • a copy of the current budget of the corporation
  • a statement setting out the amount of the monthly contribution (condominium fee) and the basis on which that amount was determined
  • a copy of the most recent available minutes of the Annual General Meeting
  • a copy of the minutes of meetings of the Board of Directors of the corporation for the past 12 months
  • a copy of the current insurance certificate
  • a 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 space
  • the particulars of, or a copy of, any subsisting management agreement
  • the particulars of, or a copy of, any subsisting recreational agreement
  • the amount of any homeowner association fee
  • a statement setting out the structural deficiencies that the corporation has knowledge of, at the time of request, in any of the buildings that are included in the condominium plan
  • the buildings that are included in the condominium plan
  • a statement setting out (i) the amount of the capital replacement reserve fund, (ii) a copy of the most recent reserve fund report and (iii) a copy of the most recent reserve fund plan
  • the particulars of any post tensioned cables located anywhere on or within the property
  • a statement setting out the amount of any contributions due and payable in respect of a unit
  • the particulars of any action commenced against the corporation and served on the corporation
  • the particulars of any unsatisfied judgment or order for which the corporation is liable
  • the particulars of any written demand made on the corporation for an amount in excess of $5,000 that, if not met, may result in an action being brought against the corporation


Note:

Your failure to provide the information and documents can result in complications with the completion of the sale, including legal or financial penalties to you or rescission of the purchase contract.