Plan & Build
Status Certificate Information Centre
Understand what's in a status certificate, how long it should take, and exactly what your board should have ready.
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Readiness
No documented processStatutory timeline: 10 days under the Condominium Act, 1998. Your current turnaround is 21 days — 11 days over target.
Recommended prep timeline
- Day 0
Request received — confirm statutory 10-day turnaround clock starts.
- Day 1–2
Gather owner & account status; verify arrears and assessments.
- Day 3–5
Compile financial statements, budget, and reserve funding status.
- Day 6–8
Legal & insurance review; flag claims, work orders, or proceedings.
- Day 9–10
Final review, signing, and delivery to the requesting party.
Required documents checklist
- Current reserve fund study & funding plan
- Most recent audited financial statements
- Current budget & arrears report
- Declaration, bylaws & rules
- Registered unit owner information
- Outstanding work orders or claims
- Insurance certificate & coverage summary
- Status of any legal proceedings
- Unit-specific assessment & fee status
- Shared-facilities agreements (if applicable)