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 [...]

  • Home Buying Guide

    Buying a home in Canada can be both exciting and daunting. With a competitive market and unique regulations, it's essential [...]

  • Mortgage Relief Options

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

  • How Much You Need for a Down Payment in Canada

    Buying a home is a significant milestone, and one of the first steps in this journey is understanding how much [...]