Definition : Relative value

The value of a fraction determined (for example, apartment 303) by comparing its value in relation with the value of all the other fractions. Generally expressed in percentage, it is established taking into account the nature, destinationdimension and location of the private portion of each fraction, but without taking into account its use. It is used to establish the share of the right of ownership of the co-owners in the common portions, their contribution to common expenses and the number of votes attached to their private portion.

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04/05/2025

Private portion: Can a bedroom be sold separately to a third party?

Our declaration of co-ownership clearly prohibits the rental of a bedroom, whether for short- or long-term periods. This rule aims to preserve the residential nature of the building and to prevent the comings and goings of temporary tenants, which are often a source of conflict or nuisance. However, we were…...

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21/09/2024

Co-ownership fraction

In divided co-ownership, the property of the building is divided among the co-owners in the form of "fractions." Each fraction includes a clearly defined private section, such as an apartment, a parking space, a storage unit, or even sometimes a piece of land. Additionally, each fraction grants a share of the common…...

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24/07/2024

Unanimity

In co-ownership law, unanimity is a rule that requires the agreement of all co-owners, not just those present or represented at the meeting of co-owners.  To adopt a unanimous decision, it requires the favourable opinion of all the co-owners, no votes against, and no abstentions. Unanimity is the highest level…...

Syndicate

23/07/2024

Exercise and distribution of voting rights

The first sentence of article 1090 of the Quebec civil Code states that "Each co-owner is entitled to a number of votes at a general meeting proportionate to the relative value of his fraction." The number of votes is related to the share of property rights each co-owner holds in the building. Therefore, the co-owner of a…...

Syndicate
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23/07/2024

Relative value of a fraction

Divided co-ownership is a housing formula that usually has more than one owner.  In order to assess and quantify the interest of each person in the building, the legislator has provided that the right of ownership of each owner in the common portions is proportional to the relative value of his…...

Syndicate

30/06/2024

Revision of the relative value and the allocation of the common expenses (condo fees)

Any co-owner may have the relative value of their fraction, as well as the allocation of common expenses (condo fees), revised according to certain conditions and formalities. To do so, it is necessary to proceed with an appeal to revise the relative value of the fractions. Furthermore, a co-owner may…...

Your Rights

16/06/2024

Compensation of the co-owner

In principle, the work undertaken by the syndicate should not cause harm to a co-owner. If he suffers a prejudice beyond a mere temporary nuisance, he is then be entitled to an indemnity. Article 1067 of the Civil Code of Quebec states that a co-owner may be indemnified by the…...

Work

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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28/03/2023

Webradio du 29 mars 2023: Répartition des charges communes

La webradio du mercredi 29 mars 2023 a porté sur le mode de répartition des charges communes entre les copropriétaires. La copropriété donne lieu à des dépenses relatives à l’entretien des parties communes et l’administration courante du syndicat. Les coûts d'administration, d'entretien, de remplacement, d'amélioration ou de transformation des parties communes constituent des…...

Management