Practice Summary
Alexandra focuses primarily on residential real estate with a heavy concentration in condo transactions. She reviews status certificates every week across a range of building types and ages, which gives her a calibrated sense of what's normal and what isn't in a given building's financial disclosures.
Her condo practice covers resale purchases, pre-construction closing, assignment transactions, and estate sales of condo units. She doesn't handle commercial real estate or mortgage enforcement — her practice is focused on residential condo work.
What She Reviews in the Status Certificate
A status certificate review covers four core areas: the reserve fund (balance versus the study's recommended level, upcoming capital projects, reserve contribution rate in the budget), the operating budget (overall financial health, where costs are high or low relative to expectations), disclosed litigation (nature and financial exposure), and the declaration, by-laws, and rules (restrictions relevant to the buyer's intended use). Alexandra flags reserve fund shortfalls, pending assessments not yet formally approved, and rules that could affect a buyer's plans before the ten-day review period expires.
Pre-Construction and Assignment Experience
Pre-construction closings involve a different set of documents than resale: the disclosure statement, the purchase agreement (often developer-drafted with terms heavily favoring the developer), the occupancy agreement, and eventually the registered transfer on registration. Alexandra has reviewed pre-construction disclosure statements from [developer names — placeholder] and has closed pre-construction purchases through the full occupancy-to-registration cycle.
Assignment transactions require coordination between the original purchaser, the assignee, and the developer. She handles the full assignment package: reviewing the original agreement for assignment clause compliance, preparing the assignment agreement, and managing the three-way closing at registration.