Also called an Estoppel Certificate, it outlines a condominium corporation’s financial and legal state. This document provides essential information about the condo’s financial obligations, legal issues, and operational aspects. Fees for obtaining this certificate may vary and can be capped by law, although this does not apply in Quebec.

*The information provided is for educational purposes only and should not be considered legal advice. For specific legal concerns or questions related to your mortgage, it is always best to consult with a qualified legal professional.*

Mortgage Education

  • Total Debt Service Ratio (TDS)

    The percentage of gross income allocated for payments of principal, interest, taxes, and heat (P.I.T.H.), along with other debt obligations, [...]

  • Title Insurance

    Title insurance protects property owners and lenders from financial loss due to defects in the title of real property. These [...]

  • How To Get a Mortgage

    Getting a mortgage is a significant step toward homeownership. However, the process can seem complex and overwhelming. This guide will [...]

  • Variable or Fixed Mortgage Rates

    Fixed vs. Variable Mortgage Rates: Which is Right for You? Choosing between a fixed or variable mortgage rate is a [...]

  • Mortgage Relief Options

    Facing financial difficulties can be overwhelming, especially when it comes to managing your mortgage payments. Fortunately, there are several [...]