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Method allowing the allocation of common expenses between the various co-owners. This method must take into account the relative value of each fraction and the cost generated by the use by the co-owners of the common portions for restricted use.
09/08/2025
Three months ago, we were invited to the annual meeting of co-owners. During this meeting, the co-owners were consulted on the forecast annual budget. However, since then, we have not received any notice from the board of directors detailing the exact amount of our contribution to the operating budget of…...
17/09/2024
Before buying the apartment of your dreams, find out about the status of the common expenses associated with it, especially those that may have remained unpaid by the seller. Common expenses, better known as " condo fees", which you will have to pay once you become a homeowner, are an essential…...
01/03/2024
The co-ownership (condominium) gives rise to expenses relating to the maintenance of the common portions and the day-to-day administration of the syndicate. Administrative, maintenance, replacement, improvement or alteration expenses of the common portions are divided among the co-owners of the immovable. General common expenses are to be distinguished from particular common…...
25/04/2022
I want to understand how condo fees (common expenses) shown in real estate agency listings are established. These amounts are not consistent and create uncertainty in the minds of those looking to purchase in co-ownership. Question: Is there a uniform directive among real estate agencies in this regard? What advice…...