A technical analysis is an analysis of the condominium corporation’s real and personal property, or the common property where a converted property study is not required.
For buildings where the first unit becomes occupied on or after February 15, 2026, the condominium corporation must enter into an arm’s length contract (meaning independent and unrelated) with a professional engineer or registered architect to prepare the analysis.
If a unit in a building is already occupied by February 15, 2026, a technical analysis of a building is not required.
