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Are you looking to buy a condo in Calgary? All Condominium purchases regardless if you are looking at condos for sale in Calgary’s Downtown district,  Auburn Bay or Airdrie, all offers should be conditional to a proper condo doc check by an accredited company.

Things to look for in the condo doc review:

  1. Reserve Fund – Fully funded? This means all projected replacement projects should be planned for and contributed towards on a monthly basis.
  1. Have all previous replacements been completed?
  1. Operating Budget – Running a surplus or a deficit?
  1. Investments – How is the Board investing pooled funds?

Just a few things to look for, but again it is recommended to employ a certified company to do a proper condominium document review.