Privacy Policy
Privacy Policy
We understand the power that the Internet holds for changing your life and making things easier for you. These benefits are at risk if people are concerned about their personal privacy. We are committed to providing you with an Internet experience that respects and protects your personal privacy choices and concerns.
In general, we gather information about all of our users collectively. We only use such information anonymously and in the aggregate. This information helps us determine what is most beneficial for our users, and how we can continually create a better overall experience for you.
Email Links
This site provides an email address link located on the Contact Us page so that you may email us directly with any questions or comments you may have. This site reads all messages received and makes efforts to respond promptly.
In addition to replying to your comment or inquiry, we may also file your email for future reference regarding improvements to our website or discard the information. Your personal information is not shared, traded, sold, or exchanged with any third parties without your express permission.
Information Collection and Use
This site is the sole owner of the information collected. We will not sell, share, trade, or rent this information to others in ways different from what is disclosed in this statement.
This site collects information from our users at several different points on our website. We only collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.
We do not sell, trade, transfer, rent, or exchange your personal information with anyone.
Free Evaluation Form / Find Your Dream Home
Did You Know? / Free Real Estate Reports
Since this site is a real estate site, we give you the option of requesting free real estate information about real estate properties. Your personal information is stored on our secure database.
We only collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.
We do not sell, trade, transfer, rent, or exchange your personal information with anyone.
Personal Information
This site functionality requires or requests users to give us contact information, such as their email address, and personal information, such as their names, addresses, phone numbers, and property details.
The visitor’s contact and personal information is used to contact the visitor when necessary and requested, but is primarily used to collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.
We do not sell, trade, transfer, rent, or exchange your personal information with anyone.
We do not disclose information about your individual visits to this site, or personal information that you provide, such as your name, address, email address, telephone number, etc., to any outside parties, except when we believe the law requires it.
Legal Disclaimer
We may disclose personal information when required by law, or in the good-faith belief that such action is necessary in order to conform to the edicts of the law, or comply with a legal process served on our website.
Opt-Out
Users of this site have the option to unsubscribe from our mailing list directly through their accounts. To opt out, please navigate to the Subscription Settings located under My Account.
By disabling the email or SMS notification toggle, you’ll cease to receive notifications associated with the selected options.
Links
This site contains links to other sites. These sites have their own policies and practices with respect to online privacy, and this site cannot be responsible for the privacy practices, or the content, of these websites.
In addition, in certain instances, this site’s advertisers may ask you for personal information. This site cannot be responsible for the privacy practices of its advertisers.
Only certain employees have access to the information you provide us. For example, we impose strict rules on our employees who have access either to the databases that store user information, or to the servers that host our services.
While we cannot guarantee that loss, misuse, or alteration to data will not occur, we try to prevent such unfortunate occurrences.
Notification of Changes
This policy may be revised over time as new features are added to the website. We’ll post those changes so that you’ll always know what information we gather, how we might use that information, and whether we’ll disclose it to anyone.
Please check this site for information about revisions to our privacy policy. We’ll notify you directly if there is a material change in our privacy practices.
We’ll take commercially reasonable measures to obtain written or active email consent from the user if this site is going to use the information collected from the user in a manner different from that stated at the time of collection. We’ll also post the changes in our privacy statement 10 days prior to a change.
Cookies
This website uses the following cookies:
Google Analytics
This cookie allows us to see information on user website activities, including, but not limited to, page views, source, and time spent on websites. The information is depersonalized and is displayed as numbers, meaning it cannot be tracked back to individuals.
This will help to protect your privacy. Using Google Analytics, we can see what content is popular on our website, and strive to give you more of the things you enjoy reading and watching.
Google AdWords
Using Google AdWords code, we’re able to see which pages helped lead to contact form submissions. This allows us to make better use of our paid search budget.
Removal of and Access to Personal Information
We’ll accommodate the deletion of any personal information as soon as reasonably possible.
Should you wish to request erasure of personal data, please submit a written request to Macedo Real Estate Group, addressed to the address listed below. Each request will be validated, and you’ll be required to provide some personal information for security reasons.
Please note that Macedo Real Estate Group has the right to deny a request and provide an explanation as to why each request was denied.
Macedo Real Estate Group
www.MacedoRealEstateGroup.com
110 Weston Road
Toronto, ON M6M0A6
Canada
[email protected]
416-535-5000
Privacy Questions
If you have any questions regarding our privacy policy, please send us an email, and we’ll be pleased to assist.
Royal LePage® Supreme Realty, Brokerage
110 Weston Road
Toronto, ON M6N 0A6
Call 416-535-8000
Text 647-931-5151
Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Elite Broker Blogs
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What a Status Certificate Tells You About a Condo Before You Buy
What a Status Certificate Is
A status certificate is a document package issued by a condominium corporation that describes the financial and legal health of the building. In Ontario, a condominium corporation is required by the Condominium Act to provide one within ten days of a request, for a fee that is currently capped at $100.
If you are buying a resale condo, your offer should include a condition allowing you to review the status certificate. If you are buying without conditions, you are accepting whatever is in that document, whether you have read it or not.
The certificate is not light reading. It typically runs 80 to 200 pages. Most buyers hand it to their lawyer and never look at it. That is a reasonable approach, provided your lawyer actually reads it and flags the things that matter. What follows is a guide to the sections you should understand yourself, so you can ask the right questions.
The Reserve Fund Study
Every condominium corporation is required to have a reserve fund study conducted every three years. The study projects the major repair and replacement costs the building will face over the next 30 years, including the roof, the elevators, the windows, the mechanical systems and the parking structure, and assesses whether the reserve fund has enough money to cover them.
The number to look for is the closing balance of the reserve fund compared to the recommended balance. If the reserve fund is significantly below the recommended level, the corporation will need to either increase monthly contributions or levy a special assessment to close the gap. Both cost you money.
A special assessment is a one-time charge to all unit owners, and it can be substantial. Assessments of $10,000 to $50,000 per unit are not uncommon in older buildings that have deferred maintenance. If a special assessment has been approved or is under discussion, it will appear in the status certificate. If one is likely based on the reserve fund shortfall, your lawyer should flag it even if it has not been formally proposed.
The Financial Statements
The status certificate includes the corporation's most recent audited financial statements. These tell you whether the corporation is running a surplus or a deficit, how the money is being spent, and whether the monthly maintenance fees have been increasing, and by how much.
Look at the trend over the past three to five years. A building that has been raising fees by two or three per cent annually is managing its costs. A building that has raised fees by ten per cent in a single year either had a problem it was not planning for, or was undercharging for years and is now catching up. Either way, expect further increases.
Also check whether the corporation is carrying any outstanding loans. Some corporations borrow to fund major repairs rather than levy a special assessment. The loan repayment is built into your monthly fees, and you are inheriting your share of the debt.
The Rules, Declarations and By-Laws
The status certificate includes the corporation's declaration, by-laws and rules. The declaration is the foundational document that defines the common elements, the unit boundaries, and the percentage of common expenses each unit is responsible for. The by-laws govern how the corporation is managed. The rules cover day-to-day matters like noise, pets, rentals and renovations.
Read the rules. They tell you what you can and cannot do with the unit. If you plan to rent it out, check whether there are rental restrictions or a cap on the number of units that can be rented at any one time. If you have a pet, check the pet policy. Some buildings prohibit certain breeds or impose weight limits. If you are planning a renovation, check what approvals are required.
These rules are enforceable. They are not suggestions. If you buy into a building that prohibits short-term rentals and you list the unit on a rental platform, the corporation can fine you and take legal action.
Litigation
The status certificate will disclose any current or pending litigation involving the corporation. This includes lawsuits the corporation has brought and lawsuits that have been brought against it.
Not all litigation is alarming. A corporation suing a contractor over deficient work is routine. A corporation being sued by a unit owner over governance issues is more concerning. Multiple lawsuits, or a pattern of litigation, suggests a corporation with internal conflict, which translates into higher legal fees, potential special assessments, and a building that is harder to sell when you are ready to move on.
Insurance
The certificate includes a summary of the corporation's insurance coverage. The key figure is the deductible. If the building's insurance carries a $100,000 deductible and a water leak in your unit causes damage to the common elements or to units below you, you may be responsible for that deductible. Your personal condo insurance should cover it, but only if you have purchased sufficient coverage, and only if you knew the deductible amount when you set your policy.
Check the deductible. Tell your insurance broker. Adjust your coverage accordingly. This is one of the most commonly missed steps in a condo purchase.
What Your Lawyer Should Tell You
A competent real estate lawyer will review the status certificate and provide you with a summary letter identifying any concerns. If they do not, ask for one. The things that should appear in that letter are: the reserve fund position relative to the recommended balance, any approved or proposed special assessments, any current litigation, any unusual rules that affect your intended use of the unit, and the insurance deductible.
If your lawyer reads the certificate and says everything is fine, ask them to be specific. "Fine" is not a legal opinion. "The reserve fund is fully funded, there are no pending special assessments, no active litigation, and no rental restrictions" is.
If you are considering a condo purchase in the GTA and want to understand what to look for before you make an offer, call me at 416-560-4983. I will help you ask the right questions before the status certificate arrives, not after.
Danny Macedo, Macedo Real Estate Group, Royal LePage Supreme Realty, Brokerage.
