Buying a Resale Condo? Watch for This Before You Waive Your Conditions

A redacted excerpt from a real Ontario condo status certificate, with the letterhead removed and the Section 98 disclosure clause highlighted

By Gaurang Shah Every condo buyer thinks the scary part of a status certificate is the reserve fund. I have sat across from enough of them to tell you the part that actually catches people is smaller, quieter, and buried a few pages in, a single line about Section 98 agreements. Most buyers read straight […]