WHAT DOCUMENTS ARE REQUIRED?

The following is an outline of the required Condominium documents to be in order to complete a review by CondoFirstReview.

Condominium Document List for Review of Resale Condominiums.

  • Offer to Purchase Contract

  • MLS Feature Sheet

  • Registered Bylaws

  • Annual General Meeting Minutes

  • One Year Board of Director Meeting Minutes

  • Reserve Fund Study and Cash Flow Plan

  • Annual Operating Budeget

  • Current Balance Sheet

  • Year End Financial Statement

  • Insurance Certificate

  • Management Contract

  • Information Statement / Disclosure Letter

  • Registered Condominium Sheet (CAD)

  • Registered Condominium Plan

  • Notice of Special Assessment (if any)

  • Engineer or Technical Audit Report (if any)

  • Lease or Parking Agreement (if any)

  • Restrictive Covenant (if any)

  • Encumbrance Documents (if any)

  • Statement of Claim (if any)

  • Rules and Regulations - Owners Guide

  • News Letters

Condominium Document List for New Developments.

The Disclosure Document Package, needs to include the purchase agreement and the proposed documents as listed below:

  • Purchase Agreement and Highlight Sheet

   

       Proposed by Developer

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  • Operating Budget

  • Fee Schedule

  • Bylaws

  • Management Agreement

  • Warranty Program Information

  • Phasing Agreement (if any)

  • Condominium Plan (if any)

  • Restrictive Covenant (if any)

  • Easement and Encumbrance Document (if any)

  • Parking Lease Agreement and Storage Agreement (if any)

  • Party Wall Agreement (if any)

  • Recreational Agreement (if any)

  • Site and Landscaping Plan

  • Easement and Right of Way Agreements (if any)

  • Architectural Drawings

  • Architectural Restrictive Covenant (if any)