What if my prospective condo corporation is involved in litigation?

What should a buyer do when the status certificate for their condominium purchase shows that the corporation is involved in litigation?  That was the question a client of mine faced last month after I reviewed a status certificate for his intended purchase of a unit on Dundas St. E. in Toronto.  Constructed around 1940, the building was originally a factory that later became the Imperial Optical lens factory, and was eventually converted to 41 brick-and-beam-style loft condos in 2000.    Read the article……………..

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