Condolyzers

we specialize in providing a professional Condominium Document Review service

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DOCUMENT REVIEW SERVICE

General Information
We review documents for all types of Condominiums (Residential, Commercial, Recreational, Boat Docks ("Dockominiums"), etc.

When purchasing a Condominium, you get much more than just your unit and possibly a parking stall or two.  You are also buying into the “business”.

There are many business documents that should be reviewed before you remove conditions on your potential home and commit to being a part of this “business” venture.

We use our specialized knowledge to examine the Condominium Documents and provide a written summary stating the facts of the findings.  The report may be sent via email or fax.  A follow up telephone call to provide clarity or answer questions is also included as part of the service.  Our goal is to ensure the client is given the facts needed to proceed with or discontinue the condo purchase.

 

Our reviews include (but are not limited to) the following
  • Double Check Condo Fee Amounts.
  • What utilities and/or other services are included in the Condo Fees?
  • Are there any Bylaws/Rules a buyer should be aware of?
  • Are there any use and occupancy restrictions: such as age restrictions, pet prohibitions or restrictions, etc?
  • Are there any Developer/Builder exemptions a buyer should be aware of?
  • Type of Condominium (bare land or structural)?
  • Is there parking or Storage?  If so, what type?
  • What is the Owner is responsible to repair, maintain and/or replace?
  • What is the Condominium responsible to repair, maintain and/or replace?  
  • Are there any notable maintenance items or building deficiencies noted?
  • What Insurance is required by the Owners and the Condo Corp? Does the condo have proper insurance coverage to protect the Owners?
  • Are there any current or impending legal actions?
  • Have any restrictive covenants been registered upon the title to the unit?
  • Are there any easements or other registered documents that could affect an Owner?
  • Capital Reserve Study - Are there any important items to note from the report?  
  • Condo Budget and Operating Financials - Are there any deficiencies or shortfalls?  Review and comment on financial trends.  Are there any budget items out of the ordinary or of particular interest?
  • Have any Special Levies been passed or forthcoming?
  • Review meeting minutes. Are there any important items to note (good or bad)?
  • Review and comment on any other document provided by the Customer.

 

Costs

Standard Time - $450 + GST (Typically 3-5 business days.  Can be up to 7 days in busier periods)

RUSH - $550 + GST (1-2 Business days)

**Your spot will be secured once we receive:  Payment, Client Form & ALL the Documents (note: the client is responsible to provide the document package)

Once your order is processed:

We will go through the documents in detail and flag any items that may be of interest to you (good, bad or even ugly).

We will produce a report with our findings and comments and email it to you. Be sure to make a list of your questions and call us to discuss.

To proceed with placing your order, click the option which applies to you:

           

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