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hello Im Josie Kuchar welcome to Josie Kuchar real-estate TV your real estate home and garden Channel so youve saved your money diligently to buy a condominium youre ready to start to look at units youve heard the term status certificate before but you dont really know what it means or why you need one so this month I am happy to welcome our guests Mitch Corman from Corman Company who will talk to us about status certificates and why you need one so Mitch welcome and thank you for being with us today thanks for having me you know so tell us what is the status certificate well established if akin to something thats mandated by the condominium Act and basically you pay a fee to the condominium corporation and they send you a certificate which outlines the overall health of the building itself so theres a lot of questions and answers that are on it but it allows buyers to understand whats going on in that condominium corporation and theres a part that pertains to the actual un