Condo Buyers Should Always Review Status Certificates

Thursday Dec 5th, 2024

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Condo Buyers Should Always Review Status Certificates

Condo Buyers Should Always Review Status Certificates Today's Globe and Mail features a $75,000 court judgment against a Toronto condo corporation in the case of Gonzales v. York Condominium Corporation No. 242. The case highlights a serious issue: the importance of reviewing condo status certificates carefully before making a purchase. Justice Robert Centa called the condo corporation's actions a “shocking abuse of trust and power,” pointing out the risks... [read more]

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