When purchasing a condominium unit, it is absolutely vital that you know what exactly it is you are getting yourself into. Accordingly, the Act imposes specific disclosure obligations onto declarants attempting to sell a unit. This is done through section 72 of the Condo Act.  In the same vein, section 74 of the Act provides that if there is a “material change” in the information contained in the disclosure statement, the developer must “clearly identify” them.  What does this mean? And what can happen if the disclosure is not so clear? The Ontario Court of Appeal ruled on this issue recently.     Read the article……………………..