CONDO PURCHASE GUIDANCE
Condo Purchase Guidance
Maki Law helps condominium buyers understand the legal documents and closing arrangements.
Review the complete property package
Send the purchase agreement, status certificate materials, and details of parking and lockers. Tell us about the financing and applicable deadlines.
Prepare for closing
We investigate title, coordinate lender instructions, and explain the legal closing documents within our retainer.
The unit and the corporation
A condominium purchase involves ownership of the unit within a shared legal and financial structure. The declaration, by-laws, rules, insurance, and financial information help explain that structure.
Practical plans matter
Tell us about pets, rental plans, proposed renovations, parking, or business use. The documents may impose requirements relevant to how you expect to occupy the property.
Status certificate and agreement conditions
Send the complete status certificate package and the wording of the purchase condition. Review should address the records supplied and identify missing information or legal concerns.
Financial and title questions
Common-expense arrears, reserve-fund information, assessments, litigation, and parking or locker interests can affect the transaction. The review is not an engineering audit or a guarantee of future costs.
Financing and completing the purchase
The legal closing connects title inquiries, lender instructions, documents, adjustments, funds, and registration. Insurance arrangements for the corporation and your unit should be clarified with the appropriate providers.
Keep deadlines visible
Advise us of condition dates, lender changes, and any amendment to completion. Provide the professionals’ contact information so the legal steps can be coordinated.
Explain your intended condominium use
Legal review is most useful when it addresses your plans for the unit. Identify any rental, renovation, pet, parking, or occupation requirement important to the purchase. We discuss the records supplied and questions to resolve while the relevant condition or review period remains open.
Documents to prepare
- Agreement and condition deadline
- Complete status certificate package
- Parking, locker, and exclusive-use details
- Mortgage commitment and insurance-provider contacts
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.