Definition : Notice of assessment

Document prepared by the Board of Directors or the Condo manager indicating the amount of the contributions to the general common expenses and, where applicable, to the particular common expenses, as well as the date on which those expenses are due.

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09/08/2025

Notice of assessment: what should it contain and when should it be sent?

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…...

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05/04/2025

Excessive special assessment: what are our rights ?

I recently received a notice of special assessment and, like several other co-owners, I was surprised by the amount requested. This assessment had not been clearly announced, and there was no real discussion during the co-owners’ meeting. We were not presented with any concrete details about the planned work, no…...

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01/03/2024

Common expenses: allocation and collection

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…...

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The administration of a syndicate of co-owners requires financial expertise, which is vital for the proper functioning of the co-ownership (condominium). In collaboration with the board of directors, the condo manager ensures budgetary balance and financial management which includes budget preparation, account management, and the distribution of common expenses (condo fees); he also…...

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