Definition : Request for information to the syndicate of co-ownership (DRCOP)

A standard form of the “Organisme d’autoréglementation du courtage immobilier du Québec” (Québec Real-Estate Brokerage Self-Governing Agency) recommends that it be remitted by the real-estate brokers  to a syndicate of co-owners to obtain information on the immovable and its administration. This form must be signed by the owner-vendor and by a duly authorized representative of the board of directors.

Related articles

06/12/2023

Real-estate broker

Seeking the services of a real-estate broker, who was formerly referred to as a real estate agent, is not mandatory. However, unless you are able to assume the purchase and / or sale of a fraction of a building held in divided co-ownership by yourself, which will require ample time as…...

Purchase
{alt}
lock
You need to have an account to read this article

09/08/2022

Selling your apartment: documents to provide

Question: I want to sell my apartment. I am aware that I must provide a number of documents to the real estate broker who takes care of the sale, to the buyer in the making whose offer I will have accepted and to the  notary who is in charge of…...

Purchase
Fausses déclarations sur le questionnaire des symptômes de la COVID 19:  peine capitale confirmée en arbitrage
lock
You need to have an account to read this article

09/08/2022

Sale: Request for information on co-ownership

As directors, we frequently have to complete and provide documents to notaries and real estate brokers. Questions:  We want to know: If we are entitled to charge a fee to take care of these files? If so, what is the amount considered reasonable?  Should we proceed by adding to the by-law…...

Purchase
{alt}
lock
You need to have an account to read this article

09/08/2022

Contingency Fund : Can I be reimbursed ?

Question:  We have accumulated significant sums for the repair of the roof, which is to take place in ten years. As part of the sale of my apartment, can I ask the buyer or the syndicate for a refund of the contributions I have paid to the contingency fund?...

Purchase
{alt}

28/02/2011

Administrative management

There is an administrative component in co-ownership Management that should not be neglected; its proper implementation will ensure the smooth operation of the syndicate of co-owners. The contractual agreement between the latter and the manager, may stipulate that various assignments – all equally important - allocated to the manager. If…...

Management
{alt}

28/02/2011

Financial management

Managing a co-ownership requires accounting and financial skills. If the manager masters them, he will be able, under the supervision of the board of directors, to play a crucial role in the proper operation of the immovable. For instance, he will know how to balance budgets and manage efficiently the…...

Management
{alt}
lock
You need to have an account to read this article

11/02/2010

As a buyer, can i access the registry of the co-ownership ?

I want to buy a condo, but I am aware that for the most part the documents necessary for an informed purchase are in the register of the co-ownership. Question: How can I access the register of the co-ownership? Is it for me or the seller to ask? If I have…...

Purchase