What Is a Declaration of Co-Ownership?

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?

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?

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...
Bill 141 for Condos: New Obligations

Bill 141 for Condos: New Obligations

The adoption of Bill 141 concerning condominiums and Bill 16 have introduced new obligations for condominiums and co-owners, with several effective dates. While Bill 16 tends to integrate the aging of buildings to take the necessary measures for the preservation of...
How Are Condo Maintenance Fees Calculated?

How Are Condo Maintenance Fees Calculated?

Any co-owner who owns one or more lots in a condo is required to pay condo maintenance fees. And contrary to popular belief, they are not proportional to the living area, because other criteria come into play to determine the method of fee distribution between the...
3 Responsibilities of the President of a Condo Syndicate Council

3 Responsibilities of the President of a Condo Syndicate Council

The council plays a prominent role in managing a condominium. And the responsibilities of the president of a condo syndicate council—appointed or elected from among the members of the council—are multiple: in effect, this key person in the condominium has the complex...