For Realtors
In-depth Condo Condition Review
Add the budget, the Reserve Fund Study and the audited financial statements, then enter the suite, the monthly maintenance fee from the listing and the unit's share of common expenses. The review compares the budget with the audited results and the five-year reserve plan, and lists the major repairs scheduled.
The review explains the records you supply. It does not advise your client whether to buy. A lawyer can advise on legal implications, and an engineer can assess the building's physical condition.
$24.99 CAD per review. You pay after we accept your documents.
How to get these documents
- These are records of the condo corporation. The unit's owner can request them from the corporation through the property manager, using the official CAO Request for Records form.
- Ask for: the current approved annual budget; the most recent audited financial statements and auditor's report; the latest Reserve Fund Study, including the current funding plan.
- The Declaration, a fee schedule, a status certificate and engineering reports are optional. The Declaration shows the unit's share of the common expenses.
Official CAO Request for Records form (opens in a new tab)
When you have them, come back to this page and choose Start the in-depth review.
What you need to get started
Required
All three of these documents
- Current approved budget
- Reserve Fund Study and funding plan
- Latest audited financial statements
You will also be asked for your unit number, your current monthly fee and your unit's share of common expenses. If you do not know the share, upload your Declaration and the report reads it.
Optional
Supporting documents
- Declaration
- Fee schedule or statement
- Status Certificate
- Engineering or building-condition report
- Other documents from the corporation
These can make your report more complete. None is needed to start.
You can upload PDF files, or photos of the pages taken with your phone.
You will not be asked to pay until the required documents have been accepted.
Once your documents are accepted, preparing the report may take a few minutes.
Your report
Optional: check the corporation in the CAO Condo Registry
The Condominium Authority of Ontario keeps a free public registry of condominium corporations. You can use it to check that the corporation in your documents is the one you mean.
You entered:
Condominium Authority of Ontario Open the CAO Condo Registry (opens in a new tab)
- Search by the corporation's legal name and region. The corporation number is part of the legal name.
- Compare the corporation number, the legal name and the address with your documents.
- The Registry lists an address for service. It can be a management office and not the building.
This step is optional. It is about the corporation's identity only. It does not check your fees, the reserve fund or anything else in the report, and it does not change the report. CAO does not review or approve this report.
Your documents
Each document can be one PDF (up to 50 MB), or photos of its pages (JPEG or PNG, up to 60 pages). Scanned pages and photos of pages are counted together: up to 60 in one document, and up to 120 in the whole check.
You sent the fee schedule, not the approved budget. Your report will not compare this year's reserve contribution with the study's recommendation. If you have the budget, add it above.
Your documents are not ready yet
We could not find the following information:
Ask for what is missing, then continue here. You can return and continue after you receive it, and you have not been charged.
How to get these documents
- These are records of the condo corporation. The unit's owner can request them from the corporation through the property manager, using the official CAO Request for Records form.
- Ask for: the current approved annual budget; the most recent audited financial statements and auditor's report; the latest Reserve Fund Study, including the current funding plan.
- The Declaration, a fee schedule, a status certificate and engineering reports are optional. The Declaration shows the unit's share of the common expenses.
Your required documents are ready.
Your beta spot is confirmed.
Your required documents were accepted.
No payment is needed for this report.
The free beta spots are not available right now. You can still get your report for $24.99 CAD total.
Optional documents
Each one can make the report more complete. None is needed to continue.
-
Current approved budget Not uploaded
The budget the board approved for {year}. It shows the reserve fund contribution.
-
Reserve Fund Study and funding plan Not uploaded
The latest Reserve Fund Study, with its funding plan for {year}.
Reserve Fund Study
If the funding plan (the Notice of Future Funding) is a separate file, add it here too.
-
Latest audited financial statements Not uploaded
The most recent audited statements, for a year ending no more than two years before {year}.
-
Declaration Not uploaded
The Declaration's schedule of proportions. It shows each unit's share of the common expenses.
-
Fee schedule or statement Not uploaded
A fee schedule or a statement showing the unit's monthly fee.
-
Status Certificate Not uploaded
The Status Certificate for the unit, if you have one as its own file.
-
Engineering or building-condition report Not uploaded
For example a garage, balcony, roof or building condition report.
-
Other documents from the corporation Not uploaded
A special assessment notice, an AGM package, a board notice or a quotation for capital work.
Periodic Information Certificate
AGM package or meeting materials
Notice to owners about capital work
Quotation or cost estimate for capital work
We're ready to prepare your report.
You have not been charged yet. Please check these points, then continue to the secure payment page.
- Price: $24.99 CAD total for this check.
- Your report is prepared from the documents accepted above. After payment, the documents and your answers cannot be changed.
- When your report is ready, you can open it online for 30 days and download it as a PDF.
- This is not legal advice, legal representation, an engineering opinion or a physical inspection.
Where should we send your report?
We will email you a link to your report when it is ready.
We use it only to send your report.
Your report is prepared from the documents you uploaded. After you start, they cannot be changed.
The report cannot guarantee that the reserve fund will be sufficient in the future or predict whether a special assessment will be required. It can show how the monthly maintenance fee on the listing compares with the same calculation using the reserve contribution in the corporation’s own Reserve Fund Study, and show the difference in dollars and percentage.
Frequently asked questions
What does the In-depth Condo Condition Review cover?
It reconciles the unit's monthly fee with the budget and the unit's share of common expenses, compares reserve funding over five years with the reserve fund study, and lists the planned work. Engineering reports can explain the condition behind planned work. A status certificate can disclose assessments and legal proceedings as of its date.
When do I pay?
After your documents are accepted. The price is $24.99 CAD per review.
What do I need to add?
The approved budget, the Reserve Fund Study with its funding plan, and the latest audited financial statements. The unit fee schedule, the Declaration, the status certificate and engineering reports make the review more complete. The page tells you what is accepted and what is missing.
Which fee is compared?
The monthly maintenance fee you enter from the listing. The report compares it with the fee schedule and the unit's share, and says when the documents do not support it.
Is the sample report a real client's report?
No. It was generated from fictional condo documents by the same process as a paid report.