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Condominium Act, 1998 - O. Reg. 48/01 Page 1 of 7 FORM 13 STATUS CERTIFICATE (UNDER SUBSECTION 76 (1) OF THE CONDOMINIUM ACT, 1998) Condominium Act, 1998 http://www.e-laws.gov.on.ca/html/regs/english/elaws.

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How to fill out the Form 13 Status Certificate online

Filling out the Form 13 Status Certificate is an essential step for individuals involved in condominium transactions in accordance with the Condominium Act, 1998. This guide will provide you with a clear and comprehensive overview of how to complete the form online.

Follow the steps to complete the Form 13 Status Certificate online.

  1. Press the 'Get Form' button to obtain the form and open it in your preferred online editor.
  2. Begin by filling out the property identification section. Enter the complete address of the condominium property, ensuring that all details are accurate.
  3. Next, proceed to the information about the condominium corporation. Input the corporation's name and registration number as required on the form.
  4. In the financial details section, provide information regarding any outstanding fees or payments. Include specifics on any arrears or special assessments that might apply.
  5. Complete the section related to the unit owner's details. This includes the name of the person who owns the unit and their contact information. Be sure to include an accurate email address for correspondence.
  6. Review all the information provided for completeness and accuracy. Make necessary corrections if you notice any discrepancies.
  7. Once you have confirmed that all fields are correctly filled out, save your changes. You can choose to download, print, or share the completed form as needed.

Start filling out your Form 13 Status Certificate online today.

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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.

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.

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.

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.

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.

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