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FORM 13 STATUS CERTIFICATE UNDER SUBSECTION 76 1 OF THE CONDOMINIUM ACT Condominium Act 1998 name of condominium corporation Condominium Corporation No. known as the Corporation certifies that as of the date of this certificate Instruction for a common elements condominium corporation If the Corporation is a common elements condominium corporation change all references to this certificate to terms in Column 1 to references to the terms in Column 2. Attachments 33. The following documents are...
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How to fill out Form 13 Status Certificate

01
Obtain the Form 13 Status Certificate from the relevant authority or organization.
02
Review the form requirements and instructions carefully before filling it out.
03
Fill in the personal details such as your name, contact information, and relevant identification.
04
Include the details of the property for which you are requesting the status certificate, including the address and property identification number.
05
Provide any necessary documentation or supporting materials as specified in the form instructions.
06
Double-check all entries for accuracy and completeness.
07
Sign and date the form as required.
08
Submit the completed form to the designated office or online platform according to the guidelines.

Who needs Form 13 Status Certificate?

01
Homeowners who are looking to sell their property.
02
Potential buyers who need information about a property before making a purchase.
03
Real estate agents assisting clients with property transactions.
04
Financial institutions requiring the certificate for mortgage approval.
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A status certificate is a document provided by the condominium corporation to buyers of resale condos that provides a snapshot of the unit as at the date that the certificate is issued. In most cases, if the building is serviced by a property management company, it is prepared by the property manager.
Aside from the information regarding the fees, increment, legal actions, and arrears, there are various other things included in the status certificate. The condo status certificate also contains by-laws, condo declaration, budget, management contact, reserve fund, rights reserved, insurance, and rules.
What to Look for in a Status Certificate Legal Description. The status certificate will confirm the legal description of the unit, including lockers or parking units. Legal Proceedings/Claims. Financial Statements. Reserve Fund. Rules and Regulations.
As mentioned, a status certificate will include information regarding increases in the common expenses and if the building is being sued, as well any large expenditures for repairs.
Typically, you must order a status certificate, this can cost anywhere from $80 – $100, who pays for the fee is negotiable, for example the seller typically pays the fee for the encouragement of a clean sale. This extra step can even come down your relator and their skills on negotiating for you.

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Form 13 Status Certificate is a document used in real estate transactions, particularly in Ontario, Canada, to verify the status of a property and any financial obligations or dues associated with it.
Typically, the property owner or their authorized representative is required to file Form 13 Status Certificate, especially when a property is being sold or transferred.
To fill out Form 13 Status Certificate, one needs to provide details such as the property's legal description, the current owner's information, and any pertinent financial information related to the property, ensuring all sections are accurately completed.
The purpose of Form 13 Status Certificate is to provide a clear and official overview of a property's status, including confirmation of any unpaid fees or assessments to help potential buyers make informed decisions.
Form 13 Status Certificate must report information such as property ownership details, outstanding debts, maintenance fees, any legal actions against the property, and information related to common elements in condominiums.
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