Advantages Condo

In the majority of cases, the Board of Directors of a syndicate of co-ownership will be composed of individuals who are co-owners in title of at least one fraction in the co-ownership's building. These people are elected annually by the co-owners at the annual general meeting.

The directors are invested with administrative and decisional powers, but these powers are those of the Board of Directors, and not of any of its individual members. The Board of Directors must thus meet to...

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For a sixth consecutive month, there was a marked increase in condominium sales, which grew by 13 per cent in October 2011 compared to October 2010. Sales of single-family homes increased by 5 per cent, while plex sales grew by 6 per cent.

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Condominium owners must know the rules regarding their civil liability as owner of the property, as well as the movable property which it contains. These rules can differ from the general rules contained in the Civil code of Quebec.

The responsibility of the owner or of the guardian of a thing.

The rule of article 1465 of the Civil code of Quebec states the following: «1465. A person entrusted with the custody of a thing is liable to reparation for injury resulting from the autonomous act of the thing,

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National sales activity rose 2.7 per cent in September when compared to August, and follows three months of stable activity. September’s increase reflects strengthened activity in a number of major markets, led by Toronto. The monthly increase pushed national sales to its highest level since recently tightened mortgage regulations dampened sales earlier this year.

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Quebec municipalities will have to put the shoulder at the wheel to answer the objectives of the Quebec Strategy for Drinking Water Conservation which aims at a reduction of 20% of the overall consumption.

In March 2011, the Government of Quebec revealed the Quebec Strategy for Drinking Water Conservation which could in the long term allow savings of 2 billion $ over 20 years.

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If you envisage to build “condo-hotels”, you must conform to the regulations and make available to handicapped people at least 10% of the suites of the building.

The requirements as regards accessibility for the construction of a building of the hotel type are envisaged by section 3.8 Design without obstacles, of the Code.

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There are two ways to reduce the amount of noise entering your apartment: Reduce the noise at its source. Improve the ability of the building to reduce the noise before it reaches you. Reducing Noise at its Source Apartment noise results ... read more

The Montréal Metropolitan Area increased by 5 per cent in August 2011 compared to August 2010, according to the Greater Montréal Real Estate Board (GMREB). This third consecutive increase in sales in the Montréal area was primarily due to the vitality of condominium sales, which increased by 9 per cent in August.

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The Court accommodated these requests and authorized conversion into divided co-ownership owing to the fact that the applicants satisfied the legal provisions governing conversion :

- Dispatching to each tenant the notice of intention envisaged in article 52 of the Act respecting the Régie du logement, even if with regard to the second decision this notice was not sent to the tenants since all the residences were vacant.

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We are delighted by this growth in the popularity of co-ownership in the Province and the fact that many many first time home buyers are choosing this type of dwelling. This type is attractive to people and the families who wish to become homeowners without having to personally take care of the property maintenance and the expenditures that come with owning a single-family home, and the various expenses that an owner must take care of, such as the cost of property insurance.

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