Why status certificate reviews are better with Ownright
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Buying a condo is exciting — but it can also feel overwhelming. One of the biggest hurdles? The status certificate.
If you’ve ever seen one, you know how intimidating it can look: dozens of pages filled with financial statements, bylaws, and legal language that feels designed to confuse. And yet, this single document can make or break your condo purchase. That’s why we decided to rethink how status certificate reviews are done — so you can feel confident, informed, and supported every step of the way.
Why status certificates matter
In Ontario, every condo purchase comes with a status certificate. Think of it as a snapshot of the building’s health: its finances, rules, insurance, and any ongoing legal issues. It’s essential information, but the way it’s usually presented makes it tough for buyers to really understand what they’re walking into.
Too often, you’re left with a dense document and a short conversation with your lawyer that boils down to “everything looks fine.” On the flip side, you might be told “it doesn’t look fine” but the reasoning is confusing and difficult to understand. That doesn’t feel empowering — and it doesn’t help you make one of the biggest financial decisions of your life with confidence.
How we do it differently
We’ve built Canada’s first fully digital status certificate review, and here’s how it changes the experience:
Clear, simple sections
Instead of handing you a 100+ page PDF, we break down the review into six straightforward sections:
Property and building basics
Building rules and restrictions
Monthly condo fees and any upcoming special assessments
Financial health of the condo corporation
Insurance coverage
Legal issues or disputes
Each section is written in plain language, with tips and context so you actually understand what you’re reading.
Delivered right to you, digitally
No waiting for email attachments or chasing down updates. Your review lives in our secure portal, where you can access it anytime.
Support, not just a stamp of approval
We don’t just say “all clear” and send you on your way. We explain what the information means, where you might want to ask follow-up questions, and how it could affect your decision. It’s about making sure you feel informed, not left in the dark.
And most importantly: every status certificate is reviewed by our lawyers. Their expertise powers the digital experience you see — giving you the best of both worlds: professional legal review combined with a clear, user-friendly format.
Why this matters for you
We know buying a home is one of the most important decisions you’ll ever make. The last thing you need is to feel confused or rushed when reviewing something as important as your condo’s status certificate.
Our digital review is designed to give you clarity and peace of mind:
Clarity, because you’ll see the information in plain English, broken into digestible pieces.
Peace of mind, because you’ll know you’re making decisions with confidence, backed by our lawyers and delivered in a way that’s easy to understand.
A note on scope
It’s important to be transparent: our digital review is meant to highlight the key details and potential red flags — it doesn’t replace the full legal document. We always encourage you to read the certificate in its entirety and ask us questions if anything stands out. Our role is to make the complex simple and help you feel empowered, not to cut corners.
The bigger picture
This isn’t just about status certificates. It’s about reimagining the entire home-closing journey. From quotes, to intake, to document signing, and now to status certificate reviews, we’re making every step simpler, clearer, and more human.
We believe buying a home should feel exciting, not intimidating — and we’re here to make that a reality.
