Ontario Real Estate Glossary
Condo Status Certificate
The same disclosure package as an Ontario status certificate — long-tail variant of the term. See the canonical /glossary/status-certificate for full coverage.
What is a condo status certificate in Ontario?
A condo status certificate is the disclosure package an Ontario condominium corporation must provide on request under section 76 of the Condominium Act, 1998. It includes the corporation's financial statements, reserve fund study summary, declaration, by-laws, rules, current fees, pending lawsuits or special assessments, and any arrears against the unit. The fee is capped at $100 plus HST, and the corporation has 10 days to deliver it.
This page is a long-tail variant. The canonical, fuller treatment with worked examples, the conditional-period playbook, and exam-tested practical guidance is at:
Status Certificate — full glossary entry →
The status certificate is the buyer's primary protection against undisclosed condo problems. Order it immediately on offer acceptance to maximize the buyer's lawyer's review window.
Practice this topic
ExamAce covers status certificate review and the section-76 framework in the Course 3 question bank.
See it in practice
Walk through a realistic Ontario scenario where Condo Status Certificate matters — with the decision point, the correct move, and the pitfall.
Authoritative sources
Related terms
Status Certificate
A package of documents prepared by an Ontario condominium corporation that discloses the condo's financial, legal, and physical condition to a prospective buyer or lender.
Common Elements (Condo)
The shared portions of an Ontario condominium property — hallways, lobbies, elevators, structural components, mechanical systems, amenities, and grounds — owned collectively by all unit owners as tenants in common, governed under the Condominium Act, 1998.
Reserve Fund (Condo)
A mandatory savings account every Ontario condominium corporation must maintain to pay for major repairs and replacements of common elements. Funded by a portion of monthly common-element fees and governed by section 93 of the Condominium Act, 1998.