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A complete guide to understanding the steps involved in purchasing a divided co-ownership, including the promise to purchase, review of legal documents, and precautions to take before becoming a co-owner.
Essential information on the functioning of the syndicate of co-ownership, the role of the board of directors, co-owners’ meetings, and collective governance rules.
Tools and advice to ensure effective administrative, financial, and legal management of the co-ownership, including budgeting, contracts, accounting, and the role of the property manager.
Explanations on the insurance obligations of the syndicate and co-owners, and the management of claims.
Legal and practical framework for planning, authorizing, and executing work, whether concerning common areas or private portions of the building.
Presentation of the fundamental rights of co-owners and directors regarding governance, information, privacy, and legal recourse.
Access to practical tools such as sample letters, forms, guides, and video capsules to support the management and participation in co-ownership life.
Training offerings for co-owners, directors and managers to better understand their responsibilities and comply with applicable laws.
Identification of a lot by a separate number on the cadastral plan. The description of the fractions contains the cadastral description of the common and private portions of the immovable.
08/06/2015
The characteristic of divided co-ownership is to divide the building into various lots that will be the exclusive property of the co-owners (private portions), and for others that will be the property of all the co-owners (common portions). These lots are identified by an individual number, which was assigned during…...
09/12/2023
Section 1719 of the Civil code of Québec states that the seller must provide the buyer with a copy of the deed of purchase, as well as with a copy of the owner history and of the certificate of location he has on hand. Prepared by a land surveyor, the…...
21/08/2015
The preliminary contract is an important step in any purchase of new or a property to be built. At all times, the unequivocal will for the buyer to acquire the property must be registered. Although the Civil Code of Quebec specifies the mandatory content of a preliminary contract, the statements…...
25/10/2010
Co-ownership is a collective property in which the co-owners have a right of ownership over their respective fraction: each co-owner has an undivided right to the common portions while he will have an exclusive right of ownership over his private portion. This is how you purchase an apartment in a…...