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Status Certificates – A Checklist Of Legal Considerations

Author: 
James Davidson
Publication date:
February 10, 2020
Article Summary: 

The article provides a checklist of legal considerations for preparing a status certificate for condominiums. The checklist includes questions related to arrears, outstanding chargebacks, budget deficit, special assessment, accumulated operating deficit, reserve fund, legal proceedings, future expenses, unit problems, Tarion warranty claims, and modifications to common elements. The article also includes additional notes related to some of the checklist items.



Keywords: 

Status certificates, legal considerations, condominium, arrears, chargeback, budget deficit, special assessment, reserve fund, legal proceedings, Tarion warranty, modifications, common elements.




Source Citation: 
James Davidson
Status Certificates – A Checklist Of Legal Considerations
February 10, 2020
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