 | Paul Graham Broker of Record
Buyers Realty Inc., #113-3050 Orleans Rd., Mississauga, ON L5L 5P7
Direct: 905-607-4400
E-mail: paul@buyerscall.com | |
Condo Documents Checklist
1/ Are all the necessary documents included in the package ( Cover Letter, Status Certificate, Declaration and Description By-Laws, Budget, Insurance Certificate ) ? 2/ Does the Legal Description agree with the Listing and the Agreement? 3/ Is the person who is selling us the property the registered owner? 4/ Are the Condo Fees as described in the Listing and do they include the items described? 5/ Are there any additional fees that we were not made aware of? 6/ Are there any 'special assessments' (lump-sum charges to each owner for necessary common element repairs not covered by the budget) announced or planned? 7/ Is the current owner up-to-date on their fee payments? 8/ Is the necessary Insurance current and adequate? 9/ Does the 'Reserve Fund' appear adequate? 10/ Any Major Changes Planned? 10/ Are there any restrictions on Pets? 11/ Is there anything else in the By-Laws / Rules and Regulations that is concerning? 12/ How many of the units are rented out rather than owner occupied? 13/ Are there any judgments or lawsuits against the Condo Corp and if so what is the status and outlook on them? 14/ Does the package include the necessary info to arrange ongoing payment of Condo Fees? Checklist of Condo Documents.

| |
|