CONDO SALE AGREEMENT
Condo Sale Agreement
A condominium sale agreement should reflect the unit and any parking or storage interests being transferred.
Identify what is included
Provide the agreement and title details for the residential unit, parking, and lockers. Let us know about condominium notices or outstanding assessments.
Prepare the supporting documents
We review the legal closing requirements and identify condominium documentation needed under the agreement or retainer.
Describe the complete condominium interest
The sale agreement should identify the unit and the ownership or use rights for parking and storage. A parking space or locker may have a different legal arrangement from the apartment itself.
Confirm the written details
Compare the agreement with the title and corporation records. Tell us about rented parking, exclusive-use areas, or changes to the arrangements before promising them to the buyer.
Corporation records and seller disclosures
Status certificate conditions, common expenses, special assessments, insurance, and corporation notices can affect the transaction. Provide the records relevant to the sale and any known closing concern.
Rules and alterations
If the unit has been altered or its use changed, identify relevant approvals and correspondence. The agreement should be considered alongside the corporation’s governing documents and the actual circumstances.
Adjustments and completion
The legal closing may involve condominium expense adjustments, mortgage payouts, document preparation, and registration. Particular charges or notices may require clarification before the final figures are settled.
Keep the record current
Send new notices from the corporation and amendments to the sale agreement promptly. We explain how they may affect the seller’s obligations and closing preparation.
Keep the condo sale records complete
Changes involving the corporation can affect the information available to a buyer before closing. Forward relevant notices and explain any dispute about charges or facilities. We review the records against the agreement and discuss the documents needed to clarify the seller’s obligations.
Documents to prepare
- Agreement identifying unit, parking, and storage
- Corporation notices and common-expense records
- Status certificate and relevant conditions
- Mortgage and occupancy details
Let’s discuss your next step
Contact Maki Law for practical guidance on your property transaction or construction matter.
416-991-4775 · contact@maki.law
136A Avenue Rd, Toronto, Ontario M5R 2H6
MAKI LAW
Address
136A Avenue Rd
Toronto, Ontario M5R 2H6
Contact
416-991-4775
Fax: 416-981-3420
contact@maki.law
Service Areas
© 2026 Maki Law Professional Corporation. All rights reserved.
General information only. Contact our office for advice about your circumstances.