Agreement Number
EXCLUSIVE SELLER REPRESENTATION AGREEMENT
RESIDENTIAL CONDOMINIUM PROPERTY SCHEDULE
(For Use in Common Law and Designated Agency Brokerages)
1. THE PROPERTY
The property legally described as:
Condominium: Plan Unit Unit factor
Titled Parking Condominium: Plan Unit(s) Unit factor(s)
Titled Storage Space Condominium: Plan Unit(s) Unit factor(s)
The property includes the following non-titled area(s):
Parking stall(s): assigned leased Parking stall #(s)
Storage space(s): assigned leased Storage space #(s)
Condominium type:
Conventional Condominium
Bare land (creating a lot) Condominium
If the condominium unit creates a lot (bare land condominium), you must provide us with a real property report showing the current
state of improvements on the property according to the Alberta Land Surveyors’ Manual of Standard Practice, with evidence of
municipal compliance or non-conformance, within 10 days of signing this agreement.
2. DOCUMENTS AND INFORMATION
We need more information to sell your property. You must give us all documents and information listed below within 10 days of signing
this agreement.
Information:
(a) Name of project
(b) Name of Management Company
(c) Phone number
(d) Email/website address
(e) Monthly Condominium Contribution (Condominium Fee)
Documents:
(a) An information statement that includes all of the following:
(i) the particulars of:
A. any action commenced against the corporation in respect of which the corporation has been served, including the
amount claimed against the corporation
B. any unsatisfied judgment or order for which the corporation is liable and
C. any written demand made on the corporation for an amount in excess of $5000 that, if not met, may result in an
action being brought against the corporation
(ii) a statement setting out the amount of the capital replacement reserve fund
(iii) a statement setting out the amount of the contributions and the basis on which that amount was determined
(iv) a statement setting out any structural deficiencies that the corporation has knowledge of at the time of the request in any
of the buildings that are included on the condominium plan
(v) loan disclosure statements for current loans, including documents showing the starting balance, current balance, interest
rate, monthly payment, purpose of the loan, amortization period and default information, if applicable
(b) the particulars or a copy of any subsisting or prior management agreement
(c) the particulars or a copy of any subsisting recreational agreement
AREA©291CLDA_2020Nov 3DJHRI
Seller's Initials Brokerage Representative's Initials
This form was developed by the Alberta Real Estate Association (AREA) for the use of its members only. Trademarks are owned or controlled by The Canadian Real
Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).
Exclusive Seller Representation Agreement - Residential Condominium Property Schedule Agreement Number
(d) the particulars respecting any post tensioned cables that are located anywhere on or within the property that is included in
the condominium plan
(e) a copy of the budget of the corporation
(f) a copy of the annual financial statements of the corporation
(g) a copy of the bylaws of the corporation
(h) in respect of a particular fiscal year, a copy of:
(i) all approved minutes of all general meetings of the corporation, if available
(ii) draft minutes of general meetings, if approved minutes are not available, for meetings that occurred at least 30 days
before the date of the request, and
(iii) approved minutes of board meetings
(i) a statement setting out the unit factors and the criteria used to determine unit factor allocation
(j) a copy of any lease agreement or other exclusive possession agreement with respect to the possession of a portion of the
common property or real property of the corporation, including a parking stall or storage unit
(k) a consolidation of all the rules made by the corporation under section 32.1of the Act
(l) the text of written ordinary and special resolutions voted on by the corporation and the results of the voting on those
resolutions, other than the results of a vote conducted by a show of hands
(m) copies of reports prepared for the corporation by professionals, including professional engineers but excluding reports
requested and obtained by the corporation’s legal counsel in relation to actual or contemplated litigation
(n) copies of insurance certificates held by the corporation
(o) copies of insurance policies held by the corporation
(p) the current standard insurable unit description for the residential units or classes of residential units
(q) copies of reserve fund plans, reserve fund reports and annual reports
Please Note: Your failure to provide the information and documents can result in complications with the completion of the sale,
including legal or financial penalties to you or rescission of the purchase contract.
_______________________________________
Seller’s Initials
AREA©291CLDA_2020Nov 3DJHRI
Seller's Initials Brokerage Representative's Initials
This form was developed by the Alberta Real Estate Association (AREA) for the use of its members only. Trademarks are owned or controlled by The Canadian Real
Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).
