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A building management statement is a document that is registered in the Titles Office.  It is an encumbrance that is registered on the title of each of the lots to which the statement applies. The document contains terms and conditions that benefit and burden the land to which the statement applies (Land Titles Act Section 54A).  It identifies all of the lots that are bound by its terms and conditions. There must be at least 2 lots bound by the statement. The lots must be 2 volumetric lots, or 1 standard format lot and 1 volumetric lot. The owners of the lots must sign the building management statement agreeing to its terms before the statement can be registered. All of the lots to which the statement applies must be lots–

  • Wholly or partly contained in a building, or
  • Wholly or partly containing a building.
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Content of Building Management Statement »