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fund. 1998, c. 19, s. 76 (5).

Effect of certificate


The status certificate binds the corporation, as of the date it is given or deemed to have

been given, with respect to the information that it contains or is deemed to contain, as against a

purchaser or mortgagee of a unit who relies on the certificate. 1998, c. 19, s. 76 (6).

Examination of agreements


Upon receiving a written request and reasonable notice, the corporation shall permit a

person who has requested a status certificate and paid the fee charged by the corporation for the

certificate, or an agent of the person duly authorized in writing, to examine the agreements

mentioned in clause (1) (k) at a reasonable time and at a reasonable location. 1998, c. 19,

s. 76 (7).

Copies of agreements


The corporation shall, within a reasonable time, provide copies of the agreements to a

person examining them, if the person so requests and pays a reasonable fee to compensate the

corporation for the labour and copying charges. 1998, c. 19, s. 76 (8).

Information on corporation


On the request of any person, the corporation shall, without fee, provide the names and

address for service of the directors and officers of the corporation, the person responsible for the

management of the property of the corporation and the person to whom the corporation has

delegated the responsibility for providing status certificates. 1998, c. 19, s. 77.





Implied covenants

78. (1)

Every agreement of purchase and sale of a proposed unit entered into by a

declarant before the registration of the declaration and description that creates the unit shall be

deemed to contain the following covenants by the declarant:

1. If the proposed unit is for residential purposes, a covenant to take all reasonable steps to

sell the other residential units included in the property without delay, except for the

units that the declarant intends to lease.

2. A covenant to take all reasonable steps to deliver to the purchaser without delay a deed

to the unit that is in registerable form.

3. A covenant to hold in trust for the corporation the money, if any, that the declarant

collects from the purchaser on behalf of the corporation. 1998, c. 19, s. 78 (1).

No merger of covenants


The covenants shall be deemed not to merge by operation of law on delivery to the

purchaser of a deed that is in registerable form. 1998, c. 19, s. 78 (2).

Compliance order


If the declarant breaches a covenant described in subsection (1), the purchaser under

the agreement of purchase and sale may make an application for an order under section 134 and

an order may be made under that section. 1998, c. 19, s. 78 (3).

Duty to register declaration and description