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Condominium Document Review

Know exactly what you're buying into.

We analyze a condo corporation's finances and reserve fund before you buy — so problems surface on paper, not after closing.

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  • CFR has completed reports on over 90% of the Condo Corporations in Edmonton since 2011 – some buildings have been reviewed as many as 50+ times, all adding to a better understanding of the history of each building.
  • The report explains the difference between a Special Assessment and a Special Assessment Loan (essentially a long-term Special Assessment), and calculates the total cost — including interest — of any ongoing payments. It also shows how these payments add to the purchase price over time if they aren't paid off or credited by the Seller at closing.
  • The report includes a complete 5-year future forecast about what to expect regarding the additional costs and increases, all calculated in advance, to see what the future expected Condo Fee amounts may be.
  • Each report includes a questionnaire requesting added information from the management company or the board, to better inform the buyer. We include all responses that could potentially change the outcome of the report. Clients are welcome to reach out anytime with questions, before or after purchase.
  • CFR advises that a rushed 24-hour turnaround has a real cost when documents are missing or incomplete. Providing all current, updated documents up front is essential — skipping this step can end up costing thousands. Every report is completed with care and due diligence.
  • To avoid delays, Condo First Review recommends emailing all available documents as soon as possible. This document check is free and has no obligation — we'll review what you send and let you know right away if anything is missing or needs updating.
  • Carol is available by phone to answer all your questions, a live person to help you understand the importance of having a review and what makes us different.
  • CFR is open for business 7 days a week, holidays & evenings, we are working when it matters to you!
Condo First Review Experience — Carol, David & Co. on a condo balcony overlooking the lake, Issue 24 Spring 2024

Why buyers choose us

Reasons that make the review worth doing

45+ years combined experience

Resale, conversions, new developments, and commercial condominiums.

Easy-to-read reports

Findings in plain language, not just a spreadsheet of numbers.

Highly skilled consultants

Every review is led by an experienced professional, not a template.

Fast, efficient service

Answers back while your review period is still open.

Free consultation

Ask questions up front, before you commit to anything.

Available 7 days a week

Buying a home doesn't keep business hours, and neither do we.

Compare an AI/Hybrid Review to Condo First Review

An AI or hybrid-generated review can scan documents fast, but it can miss context only an experienced reviewer catches. See how a CFR report compares.

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