What legal document must be filed to form a condominium corporation?

Prepare for the Ontario Condominium Management License Test with flashcards and multiple choice questions, each equipped with hints and explanations. Get ready for success!

To form a condominium corporation, the legal document that must be filed is the Condominium Declaration. This document serves as the foundational legal document that establishes the condominium as a legal entity. It includes essential information such as the description of the property, the layout of the units and common elements, and the allocation of the ownership interests among the unit owners.

The Condominium Declaration is significant because it formally creates the condominium and defines the rights and obligations of the unit owners, as well as the governance structure of the corporation. It must be registered with the appropriate government authority to ensure that the condominium corporation is recognized legally. Once filed, the Declaration allows for the establishment of the condominium and the subsequent drafting of bylaws, regulations, and rules that govern the operation of the condominium.

By contrast, while Condominium Bylaws, Regulations, and Rules are important for the governance and daily operations of the condominium, they do not have the same foundational legal status as the Declaration. These documents are adopted after the corporation has been formed and can be amended over time to suit the evolving needs of the community.

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