Definition : Asset Management Plan

Document listing the work to be undertaken over several years in the common portions of the immovable. The plan specifies the order of priority of the work and its cost, so as to ensure the orderly maintenance of common portions and anticipate their deterioration. It includes the contingency fund survey, the maintenance log, the certificate of the condition of the immovable. This document is an integral part of the register of co-ownership as a "document relating to the immovable'' and shall be made available to any co-owner upon request.

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24/06/2024

Maintenance logbook

Every syndicate of co-owners has obligations regarding common portions maintenance. Article 1039 of the Civil Code of Québec provides that the object of the syndicate is the conservation of the immovable, the maintenance and the administration of the common portions. However, this section was amended following the adoption of Bill 16. At the end…...

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23/06/2024

Certificate of the state of the immovable

Every syndicate of co-owners has obligations regarding the maintenance of the common portions. The certificate of the state of the immovable is an essential step in ensuring the preservation of the immovable; it constitutes a preliminary step before seeking the services of a professional to conduct a contingency fund study. The certificate…...

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16/06/2024

Asset management plan

The Asset Management Plan (AMP) is a comprehensive process for ensuring the conservation and maintenance of real property assets. This plan details the information regarding the common elements and the measures required to provide an agreed-upon level of service in the most cost-effective manner, while describing the associated risks. In…...

Work
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02/04/2024

Register and archives of the co-ownership

Optimal management of a co-ownership (condominium) is rooted in the meticulous keeping of a register and so, in accordance with section 342 of the Civil Code of Québec; this register, partially accessible to co-owners, contains vital information for the proper functioning of the co-ownership such as the contact details of the co-owners as well…...

Management