Advantages Condo

Congratulations to our winners of the "To mark the moving period, receive one of six gift cards on the site and Truck Boxes"

- Gift card of 100$ at Bétonel to transform your new housing : M. Maurice Desbiens

In December 2010, Bill 122, being the Act amending the Building Act relating mainly to the modernization of the safety requirements, came into effect without leaving the population indifferent. On one hand, let us remember, because this legislation followed upon regrettable accidents which cost the life of two people. On the other hand, because the regulation which was going to follow was likely to bring with it important costs for the owners.

In the first of the incidents, a concrete flagstone was detached from an underground parking, crushing the car of a man and according to the coroner, constructional defects and deficient maintenance were determining.

In co-ownerships we often hear people say that an element of the building is indicated as being a “common portion for restricted use”. What is this about and who has the right to enjoy it?

First of all, it should be understood that basically, a common portion called “for restricted use”, is located outside the limits of the privative portions described in the declaration of co-ownership and the certificate of localization of the privative portion, as built. Being basically a common portion of the building, all the co-owners are the undivided owners of these portions, meaning that each co-owner of the building is the owner of an undivided share of the whole of the common portions, without being entitled to a right of ownership on a given portion.

The Association of Quebec Landlords (APQ) highlights the period of moving with rewards. After having shopped around, spent money to finally have your new housing or to offer an adequate housing to a tenant, the www.boitesetcamion.com website proposes you to win one of the 6 gift cards offered by the APQ, in partnership with Advantages Condo and RPHL.

The Association of Quebec Landlords (APQ), in partnership with Avantages Condo, continues its mission of providing information and guidance to the owners of rental residences, the tenants, but also to the co-owners.

“Be it for purposes of moving , re-letting or even to buy, each owner, tenant or co-owner seeks information in order to maximize his/her time but also to be as well informed as possible. It is with an aim of facilitating access to information that the APQ places at their disposal its new website www.boitesetcamion.com , “ says Martin Messier, president of the APQ.

When property damage is caused to a dwelling it's definitely a source of trouble, inconvenience and a nuisance for the owner. Fortunately, the majority of property owners don't have to face such situations every day.

In divided co-ownership it's the syndicate of co-owners, the members of the Board of Directors, and sometimes the property manager who must react to disasters in order to ensure that repairs are made to the common and private portions of the building affected by the loss. It's the syndicate's duty to take out insurance covering all the usual risks, including fire and damage caused by water. Damage caused by water, originating from either plumbing (sinks, toilets, bathtubs, showers, water line or drain), or natural water infiltration through the building's exterior, results in an important source of damage which can be caused to the building.

Residential MLS ^® sales in the Montréal Census Metropolitan Area (CMA) increased by 13 per cent in May 2012 compared to May 2011, with a total of 4,711 transactions, according to the Greater Montréal Real Estate Board (GMREB). The increase in sales was particularly strong for condominiums, as the 1,484 condominium transactions in May 2012 represent a 14 per cent increase compared to May of last year.

“May 2012 was more than a great month for condominiums; it set an all-time record for the month of May,” said Diane Ménard, Vice-President of the GMREB Board of Directors.

Recently, lawyers have had more and more recourse to what is called the title insurance, but this product still creates confusion. Certain lawyers, in particular in the United States, have recourse to this protection periodically to limit their responsibility because of their system of weak land registration. In Quebec, it is still used with parsimony. Besides, our system is much more reliable: our titles are checked and double-checked by the lawyers with each transaction and it is their professional responsibility to carry out the necessary corrective measures.
The title insurance is thus a damage insurance the purpose of which is to guarantee the titles of a property on a given date. The subscription for this type of insurance can prove to be an alternative or an interesting complementarity, especially

It is obvious that the occurrence of a disaster affecting our dwelling is a disadvantage and an important source of nuisance for the owner. Fortunately, the majority of the owners do not have to face such situations regularly.

In divided co-ownership it are the syndicate of the co-owners, the members of the Board of Directors, and sometimes the real-estate manager who have to react to disasters in order to make sure that the necessary reparations of the parts of the building touched by the disaster as well the privative and common portions are carried out. The syndicate must

Although the problems of circulation Montrealers and the inhabitants of the suburbs - who must reach the island to work there - are familiar with, are constantly decried by them, Montreal is ranked 20th concerning the average time spent on its car commuting. Compared to the inhabitants of the region of Toronto (15th in the ranking), who spend on average more than 80 minutes per day to go to and return from their job, the situation in Montreal is less painful than it actually seems. Despite everything one counts more than 29% of the inhabitants of metropolitan Toronto who use public transport to go to work.