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Re-Blog: Who Can Rely on a Status Certificate?

Author: 
James Davidson
Publication date:
November 7, 2019
Article Summary: 

This blog refers to a previous post on who can rely on a status certificate in a condominium community. Under Section 76(6) of the Condominium Act, 1998, any purchaser or mortgagee who obtains a status certificate may rely upon it as against the condominium corporation. However, condominium corporations can choose to limit exposure to the certificate's specific recipient by including a statement in the status certificate indicating that only the person who receives the certificate may rely upon it. This is a grey area of condominium law with no current court decisions.

Keywords: 

Condominium, status certificates, Section 76(6), purchaser, mortgagee, reliance, limitation, condominium corporation, grey area, court decisions.

Source Citation: 
James Davidson
Re-Blog: Who Can Rely on a Status Certificate?
November 7, 2019
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