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1-10 sur 144 résultats
19/12/2017
The statement of financial position, also known as the balance sheet, lists the assets, liabilities and net assets of the co-ownership syndicate at a specific time. It is a picture of the financial situation at a given date compared to other statements that usually cover a full fiscal year. The statement of financial position shows assets on one hand and liabilities and net assets on the other. Assets are always equal to liabilities plus net assets. Everyone knows the famous quote "nothing is lost, nothing is created, everything is transformed". This principle is reflected in accounting. The statement of financial position is always balanced since the asset is financed either by the creditors (liabilities) or by the co-owners (the net assets)....
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05/01/2017
The statement of earnings is essential for performance assessment and informed decision-making. This statement is expressly required by the article 1087 of the Civil Code of Québec. It states that the income statement, in addition to the balance sheet, the budget and the statement of debts and claims, must accompany the notice of the annual meeting....
09/08/2022
Your co-ownership is exposed to various risks, as an example, fires, water damages, theft and acts of vandalism, which are required to be insured against. When a loss occurs, the insurance of a co-ownership covers the building as well as the general liability of the syndicate of co-owners. For the syndicate, subscribing to this type of insurance is mandatory. The law and most Acts of co‑ownership require it. The insurance contract specifies the coverages offered, as well coverage limits and exclusions, in addition to the deductible amounts....
21/11/2022
November 21, 2022 - The management of a co-ownership requires a long-term vision that not only takes into account immediate needs but also the future implications of maintenance and renovation decisions. A strategic approach involves regularly evaluating the condition of the building and planning necessary interventions before problems become critical. In one of my columns, I highlighted a troubling issue affecting many co-ownerships in Quebec: the lack of maintenance of the real estate heritage. This alarming situation turns some buildings into real threats to the safety of their occupants. It is crucial to reverse this trend of negligence and adopt a proactive maintenance culture....
06/04/2024
Ensuring the longevity of a co-ownership building requires ongoing vigilance, especially when it comes to the maintenance and repair of common areas. These responsibilities, which fall to the board of directors, are crucial for the building's longevity. Among these, caulking holds a preeminent place. This delicate operation is vital for effectively countering recurrent water infiltration problems, thus ensuring the building's waterproofing and preserving its structural integrity. Therefore, rigorous maintenance is indispensable....
10/12/2022
December 10, 2012 - Proper governance of a co-ownsership building starts with diligent and thorough maintenance. Unfortunately, this responsibility is often overlooked by many co-ownership syndicates until the consequences of their procrastination result in exorbitant repair costs. History has shown that delaying necessary maintenance work only worsens and increases expenses exponentially. Neglecting preventive maintenance and regular inspections can lead to catastrophic failures, compromising the safety of residents and the value of their real estate investment....
11/06/2020
11 juin 2020- L'huissier de justice, en sa qualité d'officier de justice, représente un allié important et efficace pour l’ensemble des copropriétaires, gestionnaires et syndicats de copropriété. Son intervention peut être sollicitée pour établir des constats sur diverses situations ou encore pour la perception des charges communes impayées, consolidant ainsi la bonne gestion et l'harmonie au sein des résidences. Les prérogatives de l'huissier de justice, ancrées dans le Code de procédure civile et la Loi sur les huissiers de justice, lui confèrent une autorité légale pour agir avec efficience et justesse, assurant un équilibre indispensable entre les parties concernées. En outre, sa connaissance approfondie des procédures judiciaires font de lui un allié précieux, capable de naviguer à travers les complexités légales pour le bien-être de la communauté....
17/11/2016
17 novembre 2016 - L’huissier de justice est souvent mandaté afin d’assister à une assemblée générale annuelle et/ou spéciale. Toutefois, pour ce faire, il doit être porteur d’une procuration valide reçue d’un copropriétaire. Cette procuration doit lui permette d’assister à la dite assemblée ou toutes autres assemblées ultérieures si cette dernière est suspendue ou remise à des dates ultérieures, car très souvent les copropriétaires et/ou membres du conseil d’administration peuvent demander à l’huissier de quitter les lieux....
31/03/2023
31 mars 2023 - Vous êtes en processus d’achat d’une habitation neuve et vous ferez bientôt votre inspection préréception en compagnie de votre entrepreneur. Vous vous demandez si vous devriez être accompagné d’un professionnel du bâtiment neutre pour cette étape cruciale. Pour GCR, nul doute qu’il s’agit d’une sage décision à prendre....
13/03/2023
9 mars 2023 - Une des étapes importantes lors d’une transaction immobilière est évidemment l’inspection en bâtiment. Plusieurs personnes y ont intérêt mais aucune plus qu’un acheteur. Après l’inspection, l’acheteur reçoit le bilan de santé de l’immeuble qu’il projette d’acquérir. Regardons maintenant qui fait quoi et le cadre applicable....