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13/01/2025
When it comes to preventing water damage in condominiums, the choice of system is essential, but it is equally crucial to ensure that it is installed and configured correctly. Improper installation, even with the best product on the market, can significantly reduce the effectiveness of the system, exposing the building to unnecessary risks....
24/01/2025
In the fall of 2025, the City of Montreal will publish the three-year property assessment roll for 2026-2027-2028. All property owners will receive a municipal notice informing them of the new assessment of their property that will come into effect in January 2026. It is important to read this notice to ensure that the new assessment reflects the real value of the property, as this value is used to establish the municipal tax bill....
24/01/2025
The market value of a co-ownership is closely linked to the management of the building. In fact, sound management of the building allows you to maintain or even increase the market value of your unit. At present, the media has not yet reported any major scandals concerning technical bankruptcies of co-ownership syndicates caused by unforeseen repairs or by losses that occurred when the insurance value of the building had not been correctly established. However, it is only a matter of time before this problem becomes widespread, because it involves significant managerial and asset risks....
03/02/2025
Today, co-ownership associations must face several major challenges that impact the management and sustainability of buildings. Rigorous planning and professional support have become essential to overcome these challenges....
19/02/2025
Over the past few years, the legislative environment governing co-ownership has been considerably strengthened, requiring co-ownership syndicates to be more rigorous in managing their buildings. Laws such as Bill 16 and Bill 141 have transformed practices by establishing increased requirements in terms of maintenance, financial planning and governance. This development requires a more professional structuring of co-ownership management and redefines the role of volunteer directors as well as managers....