Fee & Reserve Check

How to get the documents you need

Missing a document does not mean you have to stop. Choose your situation to see what to ask for and where to get it.

I already own the condo

Ask your condo corporation for the records

Send a records request to your condo corporation through the property manager. Use the official CAO form.

Official Condominium Authority of Ontario pageOfficial CAO Request for Records form (opens in a new tab)

What to request

The current approved annual budget.
The most recent audited financial statements and auditor’s report.
The latest Reserve Fund Study, including the current funding plan.
Any notice of a common-expense change for your unit.

This is a completion example only. It does not replace the official CAO Request for Records form.

A message you can copy

Send it with your completed form.

Subject: Request for condominium records

Hello,

Attached is my completed Request for Records form. I am requesting the records listed in the form to better understand the corporation’s finances, reserve fund planning and common expenses.

Please confirm receipt of this request.

Thank you.

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I am considering buying a condo

Ask for the complete, current package

A Status Certificate Package helps you understand the unit and the corporation before you buy.

Ask your realtor or lawyer for the complete, current package, not just the certificate form.

What to check in the package

Check that it includes:

the current budget
the latest audited financial statements
the reserve fund
the unit’s common expenses (the monthly fee)
fee increases
special assessments
insurance
lawsuits or legal claims disclosed by the corporation

The package may include only a summary of the Reserve Fund Study. A detailed Fee & Reserve Check may still need the complete study and funding plan.

A message you can copy

Send it to your realtor or lawyer.

Subject: Complete Status Certificate Package for [property address and unit]

Hello,

Please send me the complete and current Status Certificate Package for the unit, including all supporting documents.

Please make sure it includes the current budget, latest audited financial statements, reserve fund information, common-expense details and any notices of fee increases or special assessments.

Thank you.

Official Condominium Authority of Ontario pageWhat the CAO says a Status Certificate may contain (opens in a new tab)

If important information is missing, outdated or unclear, ask your lawyer or realtor to get a complete, current package before you continue. Legal interpretation should come from your lawyer.

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