A purchase certificate is an official document issued by the WSIB that relieves a purchaser of financial liability for the seller's outstanding WSIB obligations up to the date the business is sold.
There is no charge for the WSIB to issue this certificate. wsib purchase certificate
To obtain a Purchase Certificate (using ), you will typically need to provide: WSIB account numbers for both parties. The seller's (vendor) authorization. A purchase certificate is an official document issued
Here is the breakdown of why this matches your search: The seller's (vendor) authorization
Fill out the Purchase Certificate Worksheet (Form 1238A) . You will need: WSIB account numbers for both parties. A list and value of the assets being purchased. A copy of the purchase agreement.
A is a critical document for anyone buying or leasing a business (or its major assets) in Ontario. It confirms that the seller has active Workplace Safety and Insurance Board (WSIB) coverage and no outstanding debts. Why You Need One