There are many considerations associated with purchasing a resale condominium unit, including the condition of the common elements and amenities. Which of the following is an accurate statement regarding the condition of the common elements and amenities?"

The options are:

1. A salesperson is responsible for ensuring the buyer has been given ample opportunity to carry out due diligence by inserting the appropriate clauses into the agreement of purchase and sale regarding the condition of the common elements and amenities.
2. A salesperson is responsible for ordering the status certificate from the Condominium Authority of Ontario, which includes information regarding the adequacy of the reserve fund to address repairs of all the common elements and amenities.
3. A salesperson is responsible for ordering the status certificate from the Condominium Authority of Ontario, which will reveal information about the condition of all the common elements and amenities.
4. A salesperson is responsible for determining and giving advice to the buyer regarding the adequacy of the reserve fund to cover anticipated expenditures for the common elements and amenities.