Can the Condominium Corporation disclose the statement of account to a purchaser or mortgagee of a unit?
Yes. Section 44(a) of the Condominium Property Act allows a purchaser or mortgagee of a unit to request this information. The Corporation should require evidence that the person making the request for this information is in fact a purchaser or mortgagee of that unit before the information is disclosed. The Corporation should document that the information was verified and keep a note of the information that was disclosed.
Related Questions
- Can a Condominium Corporation provide an owner, purchaser, mortgagee or their representative with a copy of the Estoppel certificate?
- Can a Condominium Corporation disclose personal information to an investigator appointed by the Court to review improper conduct?
- Can a Condominium Corporation collect and disclose personal information when conducting a signed special resolution?
