Status Certificates: The Importance of Their Role and Lawyer Review

Printer-friendly version
Event date: 
Tuesday, April 7, 2015 - 18:45
Name of Organization: 
Ontario Bar Association
Contact Email: 
Location: 
Live webcast

Status Certificates are an important part of any real estate closing that deals with condominium property.  Attend this program to hear insights from an important recent Court of Appeal decision which examines Status Certificates and the respective roles, duties and entitlements of the condominium corporation, property manager and lawyer, and the impact of making additions and changes to the standard for the Status Certificate.

By attending this program, you will walk away with a clear understanding from our legal experts, on:

  • What the Court of Appeal in Orr / Rainville v. MTCC 1056 and Gowlings clarifies regarding:

          - The roles of the condominium corporation and property manager in issuing the Status Certificate
          - A lawyer’s entitlement to rely on the Status Certificate
          - A lawyer’s duty in reviewing the Status Certificate

  • Limiting the lawyer's retainer and providing a limited review of a Status Certificate
  • Issues and problems in a Status Certificate review and best practices for overcoming them
  • Effectively reviewing documents forming part of the Status Certificate
  • What issues and documents do you need to review with your client when purchasing a condominium unit?
  • What is the standard of care of a manager in completing the Status Certificate?
  • Precedent documents prepared by the Condominium Documents Subcommittee of the Working Group on Lawyers and Real Estate

Also, obtain valuable, practical tips from our property manager speaker on:

  • Status Certificates from a property manager's perspective
  • What kind of questions should you ask the property manager?

Register now to be a part of the discussion with those who have practical knowledge of this emerging area of law.

PROGRAM CHAIRS

  • Sara Beheshti, Barrister & Solicitor
  • Ray Mikkola, Pallett Valo LLP 

SPEAKERS

  • Daniels Home Management
  • Sara Beheshti, Barrister & Solicitor
  • Eric C. Laxton, Chappell Partners LLP
  • Ray Mikkola, Pallett Valo LLP