Get Form 13 Status Certificate

In most cases, if the building is serviced by a property management company, it is prepared by the property manager. The certificate must be given to the prospective buyer within 10 days of the date of the request, and the Condominium Act allows for a $100 fee to be charged for the status certificate.

A Status Certificate is a document designed to disclose the Financial Status of a Condominium Unit and the Corporation, as per The Condominium Act, Ontario. If you've been thinking about buying a condo, chances are, you're doing some research. If so, you may have come across some unfamiliar terms.

Key areas to review in the certificate include specific unit information, financial statements, rules & regulations, and legal matters. To obtain a Condo Status Certificate, submit a written request to the condominium corporation or its management company, pay the associated fee, and allow up to 10 days for processing.

Anyone can request a status certificate. Corporations can charge up to $100 including all applicable taxes to provide it and must provide them within 10 days.

This form provides mandatory information about the condominium corporation and the specific unit for purchasers and others who request the Status Certificate. By law, the corporation may not charge you more than $100 to prepare the certificate, including taxes and materials.