Documents needed
for a purchase of a resale unit
To obtain the most benefit from a Condo Diagnostics condominium document review,
you need to provide the following selection of documents. Call Condo Diagnostics at
(403) 269-4321 with your condition date, and arrange to send over your document package.
We typically need about three to five business days from the time we receive a good and complete document package.
Remember that you get a free CD copy of the 2006 edition of "The Original Condominium Checklist Book" with
a condominium document review.
- Current Operating Budget and Fee Schedule
- Most recent Special Assessment letter (within last 18 months) if it occurred
- Balance Sheet for year to date (from last month) and/or statement regarding how much is in the reserve fund
- Most recent Audited Financial Statements (maybe last two sets if available)
- Reserve Fund Study and Reserve Fund Plan
- Registered By-Laws (and any draft proposed by-laws)
- Any House Rules and Regulations
- Annual General Meeting Minutes (last two sets)
- Board Meeting Minutes (3 or 4 recent sets)
- Any recent Newsletters that may be available
- Current Insurance Certificate for the Corporation
- Management Contract (if they have a management company)
- Most recent Post-Tension Report (if the building is post-tension)
- Engineering Reports on any aspect of the Building (if any have been done)
- Restrictive Covenant on Parking (if parking is titled)
- Parking Lease (if there is one)
- Architectural Restrictive Covenant (if there is one)
- Recreational Agreement (if there is one)
- Party Wall Agreement (if there is one)
- Offer to Purchase or Sales Agreement
- MLS Listing and any realtor-provided information on the unit
Documents needed for a purchase of a newly constructed unit
To obtain the most benefit from a Condo Diagnostics condominium document review,
you need to provide the following selection of documents. Call Condo Diagnostics at
(403) 269-4321 with your condition date, and arrange to send over your document package.
We typically need about three to five business days from the time we receive a good and complete document package.
Remember that you get a free CD copy of the 2006 edition of "The Original Condominium Checklist Book" with
a condominium document review.
- Offer to Purchase
- Specifications of unit
- Specifications of common property
- Proposed Operating Budget
- Proposed Fee Schedule with Unit Factors
- Proposed By-Laws
- Proposed Management Contract
- Proposed Condominium Plan
- Proposed Site Plan & Landscaping Plan
- Restrictive Covenant on Parking (if parking is titled)
- Parking Lease (if there is one)
- Architectural Restrictive Covenant (if there is one)
- Recreational Agreement (if there is one)
- Party Wall Agreement (if there is one)
- Phasing Agreement (if the complex is being developed in stages)
- Easements and Right-of-Way Agreements
- Conveyancing Agreement
- New Home Warranty Program
- Life Lease Agreement (if this complex is for older residents on that basis)
Documents needed for a purchase of a conversion
To obtain the most benefit from a Condo Diagnostics condominium document review,
you need to provide the following selection of documents. Call Condo Diagnostics at
(403) 269-4321 with your condition date, and arrange to send over your document package.
We typically need about three to five business days from the time we receive a good and complete document package.
Remember that you get a free CD copy of the 2006 edition of "The Original Condominium Checklist Book" with
a condominium document review.
- Offer to Purchase
- Specifications of Unit
- List of Changes to the Common Property
- Proposed Operating Budget and Fee Schedule
- Reserve Fund Study and Reserve Fund Plan
- Proposed By-Laws
- Proposed Management Contract
- Proposed Condominium Plan
- Restrictive Covenant on Parking (if parking is titled)
- Parking Lease (if there is one)
- Architectural Restrictive Covenant (if there is one)
- Recreational Agreement (if there is one)
- Developer warranty (if he is offering one)
- Environmental study (if one was done)
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