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In our daily lives, it is common to hear or read expressions such as "buying a condo," "condo fees," or "living in a condo." These terms, though widely used, often raise questions about their origin and true meaning. They reflect a complex and structured reality that goes beyond the simple notion of housing. Even specialized websites, like Condolegal.com, use this word to address topics related to the management, purchase, and sale of co-ownership properties. Question:…...
I have just purchased an apartment in a co-ownership property and, as a new co-owner, I am discovering a world with its own rules and specific obligations. While reviewing the declaration of co-ownership, I had several questions about the administrative steps to take after the purchase. Among these, I wonder how the information related to the sale of my unit should be transmitted to the syndicate. Questions: Does the board of directors need a copy of…...
I am about to make a significant investment by purchasing an off plan apartment, but this decision must strictly meet specific requirements that directly impact my quality of life. Being highly intolerant to secondhand smoke, I cannot, under any circumstances, consider living in a condominium where smoke from neighboring units could infiltrate my space. The air I breathe must be clean and free of any nuisances, and a smoke-free environment is more than just a…...
Question: I bought my apartment 3 months ago and I just attended my first meeting of co-owners. To my great surprise, I learned that major masonry work had to be done on the building. My seller never told me about it, even though it is obvious that he must have known, since all the other co-owners present at the meeting seemed well informed. This situation worries me a lot, because this work will have a…...
I am in the process of buying a condo, and I want to make sure I make an informed decision. I understand that many of the essential documents needed to properly assess the potential purchase are found in the co-ownership register. I don’t want to end up with unpleasant surprises after the purchase, so I prefer to have all the details before committing. Questions: But now, several questions come to mind: is it up to…...
I am the co-owner of a new condo. Other owners and I have recently discovered cracks in the foundation of the building, as well as water infiltration in the garage. The developer is mute, and we have not yet transferred the administration. Question: Should we refuse to elect our first Board of Directors, until the issues identified have been corrected? And should I sell immediately before other major problems arise?...
I am about to buy an apartment in a newly constituted co-ownership, and the developer insists that I use the notary they have designated, even though I am the one paying the fees. This is problematic for me because I would prefer to choose a notary of my own to ensure impartiality and protect my interests. Questions: Am I obligated to use the services of the notary designated by the developer even though I am the…...
We find ourselves in a financially challenging situation and seek guidance. Two years ago, we made a 15% deposit for the purchase of an off-plan condo, which was scheduled for delivery this year. According to the terms of the contract, if we fail to meet our obligations, we will not be able to recover this amount. This sum represents a significant portion of our savings. Question: Given this situation, what steps can we take to…...
During the sale of an apartment, we, as directors, often have to complete and provide documents to notaries and real estate brokers. Clearly, we understand that the goal is to properly inform the prospective buyer about various aspects of their purchase. We also understand that this process aims to ensure transparency and facilitate the transition for new co-owners, thereby ensuring a good understanding of our co-ownership's specificities. Questions: We seek to clarify the…...
Question: We have accumulated significant sums for the repair of the roof, which is to take place in ten years. As part of the sale of my apartment, can I ask the buyer or the syndicate for a refund of the contributions I have paid to the contingency fund?...
