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Natural or legal person mandated by the syndicate of co-owners to collect and manage the indemnities paid out by its insurer, in particular following a substantial loss. The declaration of co-ownership may prescribe certain conditions to be fulfilled for his appointment. In addition, its fees may be covered, to a certain extent, if the insurance policy includes a complementary guarantee.
27/05/2024
Any co-ownership can one day face a major disaster. For example, a fire might ravage several units, or water damage might affect multiple floors due to a burst pipe. These situations lead to very high repair costs and are classified as "substantial loss". The financial burden can be overwhelming for…...
23/05/2024
The insurance provided by the syndicate of co-owners does not cover everything; that is the case regarding the deductibles and the exclusions. Also, it's possible that certain types of risks such as earthquakes and their consequences are not automatically covered by the insurance policy. So, in order to benefit from better coverage, it's…...
13/02/2024
On Tuesday February 13, 2024 at 7:00 p.m., we addressed a complex subject regarding co-ownership claims: the role of the insurance trustee. Following a significant loss" in co-ownership, the law requires the intervention of an insurance trustee to manage the compensation, thus ensuring the repair or reconstruction of the building,…...