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What we require:

Documents needed for the purchase of a condominium - as required by Section 20.52 of the Condominium Property Regulation and 8.2 of the offer to Purchase. The extensive list below is taken from Section 8.2 in the Offer to Purchase and 20.52 of the Regulation. These documents will be gathered by the seller's Realtor and provided to your Realtor and us.

1. An information statement that includes all of the following:

(i) the particulars of

(A) any action commenced against the corporation in respect of which the corporation has been

served, including the amount claimed against the corporation,

(B) any unsatisfied judgment or order for which the corporation is liable, and

(C) any written demand made on the corporation for an amount in excess of $5000 that, if not met,

may result in an action being brought against the corporation;

(ii) a statement setting out the amount of the capital replacement reserve fund;

(iii) a statement setting out the amount of the contributions and the basis on which that amount was

determined;

(iv) a statement setting out any structural deficiencies that the corporation has knowledge of at the time of the

request in any of the buildings that are included on the condominium plan;

(v) loan disclosure statements for current loans, including documents showing the starting balance,

current balance, interest rate, monthly payment, purpose of the loan, amortization period and default

information, if applicable;

(vi) a statement detailing the nature of any plan of survey filed or registered on the parcel, other than the

condominium plan;

(vii) a statement setting out the unit factors and the criteria used to determine unit factor allocation;

2. The particulars or a copy of any subsisting or prior management agreement;

3. The particulars or a copy of any subsisting recreational agreement;

4. The particulars respecting any post tensioned cables that are located anywhere on or within the property that is

included in the condominium plan;

5. A copy of the budget of the corporation;

6. A copy of the annual financial statements of the corporation;

7. A copy of the bylaws of the corporation;

8. In respect of a particular fiscal year, a copy of

(i) all approved minutes of all general meetings of the corporation, if available,

(ii) draft minutes of general meetings, if approved minutes are not available, for meetings that occurred

at least 30 days before the date of the request, and

(iii) approved minutes of board meetings;

9. A copy of any lease agreement or other exclusive possession agreement with respect to the possession of a

portion of the common property or real property of the corporation, including a parking stall or storage unit;

10. A consolidation of all the rules made by the corporation under section 32.1 of the Act;

11. The text of written ordinary and special resolutions voted on by the corporation and the results of the voting on

those resolutions, other than the results of a vote conducted by a show of hands;

12. Copies of reports prepared for the corporation by professionals, including professional engineers but

excluding reports subject to legal privilege;

13. Copies of insurance certificates held by the corporation;

14. The current standard insurable unit description for the residential units or classes of residential units;

15. Copies of reserve fund plans, reserve fund reports and annual reports.

16. Any technical analysis prepared under section 21.2 of the Act and Part 3.2 of the Condominium Property Regulation

17. Any notice of Proposed Chargeback or Statement of Chargeback served on the seller, if applicable

18. Other (latest Month-end Balance Sheet) – This is not a required document under the Act or Regulation. But it is one that should be asked for.

19. Condominium Plan & CADS from SPIN2. Supplied by Blueline

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