• Zoning Regulations
• Occupancy Fee
• Occupancy Date
• Multiple Listing Service
• Mortgagor
• Mortgage
• Maintenance Fees
• Lien
• Land Transfer Tax
• Ontario New Home Warranty Program
• Prepayment Privilige
• P.I.T
• Vendor-take-back Mortgage
• Variable-rate Mortgage
• Unit
• Tarion Warranty Corporation
• Subdivision
• Reserve Fund
• Registration
• Principal
• Interim Occupancy
• High Ratio Mortgage
• Condominium Corporation
• Common Elements
• Chattels
• Board of Directors
• Blended Mortgage
• Assumable Mortgage
• Assessment
• Appreciation
• Appraisal
• Condominium Declaration
• Condominium Ownership
• Final Closing
• Exclusive Use Common Elements
• Equity
• Mortgage Insurance
• Amortization
• Deed
• Debt Service Ratio
• Counteroffer
• Disclosure Statement
• Developer

Condominium Corporation

A Corporation without share capital, created under the Condominium Act for the purposes of administering the operation, maintenance and repair of the common elements and assets of the condominium. The Corporation is guided by a democratically elected Board of Directors consisting of homeowners.

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