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What Is a Declaration of Co-Ownership?
Once a building is built, the developer has the declaration of co-ownership drawn up by a notary. And once the surveyor has finalized the cadastral plans for the building, the notary is able to publish it in the land register in accordance with the provisions of...
What Are the Responsibilities of a Condo Syndicate?
Legislation and the declaration of co-ownership determine the obligations and duties of the condo syndicate. Failure to fulfill these duties and obligations, toward either a co-owner or a third party, may incur the liability of the condo syndicate. The duties and...
What Is the Purpose of Paying for the Common Expenses in a Condo?
In a condo, all co-owners are required to pay for their share of the common condo expenses, also known as condo fees. Generally payable monthly, these fees are used to deal with all the expenses and fees related to the condominium and the building. They must be paid...