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When Is a Condo Syndicate Mandatory?

When Is a Condo Syndicate Mandatory?

A condo syndicate is a legal entity made up of all the co-owners whose mission is to oversee the maintenance and administration of the common areas. A condo syndicate is mandatory when a building is co-owned.   Co-ownership and the mandatory condo syndicate   A...

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What is the purpose of the condo management fees?

What is the purpose of the condo management fees?

The expense statements of a building show the various expenses related to its maintenance and management. While the cleaning items in the common areas or the elevator maintenance costs are easily understandable, many condominium owners do not have a clear idea of what...

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Example of Maintenance Logbook for a Condo

A register retracing the history of the building. The management and maintenance logbook is essential to the life of the co-ownership. And includes all the interventions already carried out or to be planned in the building. It reflects the concern for sound management...

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Why contact and hire a Property Manager?

Why contact and hire a Property Manager?

You have invested in real estate assets and you wish to enhance and optimize the return on this investment. This seems coherent, but it is not as simple as that... While it is possible to a certain extent to manage financial investments yourself from your personal...

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3 Roles of the President of a Syndicate Council

3 Roles of the President of a Syndicate Council

The building by-laws or—failing that—the Civil Code of Quebec determine the methods for electing the members of a condominium council. The council’s mission is to manage the affairs of the condo syndicate. Although this is rarely the case in practice, the...

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3 Obligations of the Syndicate Toward the Co-owners

3 Obligations of the Syndicate Toward the Co-owners

If the condo owners have obligations towards the condo syndicate and in particular those with respect to the provisions of the declaration of condo ownership and to pay their expenses, the syndicate must in return meet a certain number of duties towards the members of...

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How to Create a Condo Syndicate

How to Create a Condo Syndicate

A condo syndicate is the legal entity that consolidates all the co-owners of an undivided co-ownership. But what formalities need to be carried out to record its incorporation? How do you create a condo syndicate?   The cadastral plan For the notary to be able to...

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The Roles of the Condo Syndicate Council

The Roles of the Condo Syndicate Council

Each condo syndicate is made up of two bodies: the general meeting of co-owners and the administrative council. The role of the condo syndicate council is to manage the syndicate’s affairs. But what does this mean, specifically?    Appointing administrators to...

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Is Condo Insurance Mandatory for the Private Portion?

Is Condo Insurance Mandatory for the Private Portion?

When we talk about condo insurance, we tend to forget that there are two different but related types: the co-owner’s insurance and that of the condominium syndicate. While both types of insurance are equally important when it comes to protecting co-owners, is condo...

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