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09/08/2022
May 3, 2022- The duty of maintenance and conservation of the building that falls to the administrators of a co-ownership involves one day doing business with construction contractors. Whether it is to replace the roof, renovate the entrance hall or repair brick siding and masonry, it is important to be vigilant when awarding such contracts, given their often very high costs. As agents of the syndicate, directors must act with caution, in order to protect the interests of the community of co-owners. This translates into various rules that should be followed, especially when the work is important: ...
09/08/2022
The search for a good condo manager is like the quest for a good wine! Should you try several before finding the right one? At the risk of having stomach disorders. Or rather, it is necessary to know before the search for the right nectar the quality criteria that are flexibility, intensity, clarity ... Well, let's go! Let's do like the tasters and look for the best qualities in French co-ownership manager (syndic), Quebecois co-ownership manager and why not elsewhere? Even in China because there are also Chinese co-ownership facing the same problem of quality research of the manager! Here are the quality criteria of the syndic of co-ownership as they are seen on the side of France: ...
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09/08/2022
December 23, 2021- As an employer, a syndicate of co-ownership has a right of management with respect to its employees, that is to say the right to direct them. This right of management must, however, be exercised in compliance with employment rules. It starts in the hiring process Leading staff is much more than just assigning tasks to the employee. A good employer/employee relationship is created from the hiring process. Experience and job references are important points to consider, as well as the motivation, skills and background of the candidate, in order to select well. This step should not be overlooked....
09/08/2022
March 10th 2022 - The pre-acceptance inspection is a critical step in the process of acquiring a new property. A thorough and careful inspection is the best way to protect buyers from any unforeseen issues. In this article, we will tell you everything you need to know about the pre-acceptance inspection of the private portions and common areas of your co-owned property. LITTLE REMINDER : Let us start by reminding you that in the new co-owned property market, the mandatory guarantee plan administered by Garantie de construction résidentielle (GCR) covers buildings held in divided co-ownership that have no more than four private portions stacked one above the other, as well as detached, semi-detached or row-type single-family houses held in co-ownership. “Condo towers” are not covered by the mandatory guarantee plan....
18/04/2022
April 18, 2022 - Since their boom in the 1980s, co-ownership residences have grown increasingly popular. However, with a useful life cycle of about twenty years for many of their components, a notable deterioration of the building envelope has been observed for over a decade. This degradation is often attributable to a lack of rigor in maintenance programs, leading to premature wear of structural elements without administrators and managers being able to anticipate and prepare the necessary interventions....
17/04/2022
Voilà bientôt 30 années que le métier de syndic de copropriété ( dénommé chez vous : gestionnaire de copropriétés) dispose en Belgique d’une reconnaissance légale. Intégré dans les activités d’un agent immobilier, le syndic doit être inscrit auprès de l’Institut Professionnel des agents Immobiliers (I.P.I), organisme public et véritable « gendarme de la profession ». Les chroniques, présentées sous forme de questions-réponses, aborderont cette particularité belge, très peu présente en Europe et de par le monde. ...
10/04/2022
April 10, 2022 - Finally, the good weather is here! The frenzy of spring cleaning and the call of floral beauty capture us all as soon as Mother Nature graces us with her mercy after a long winter. This period of renewal is especially significant in the condominium aspect, where the maintenance and landscaping of common areas are of utmost importance. We will share with you some aspects of landscaping that can impact the components of your building's envelope, causing collateral damage in the short and medium term, while highlighting the specifics related to co-ownership management and maintenance....
01/03/2022
In theory, your co-ownership doesn't necessarily need a Chartered Professional Accountant to present its financial information, whether it's financial statements, financial forecasts or financing applications. Competent administrators or a manager could do the work and present the required financial information well. However, the need may arise if the co-owners have doubts about the work, skills or honesty of the board members. The internal reports submitted to the co-owners may also be absent or deficient....
21/02/2022
February 22, 2022 - The archives of a co-ownership are a set of documents kept being able to manage the building, prove rights or testify to certain activities. I am sometimes asked for how long documents filed in the co-ownership register should be kept by the syndicate. This is a fair question, since the legislator has given no explicit directions on this subject in the Civil Code. It could be that its silence means, "You must keep everything, permanently !” As far as I am concerned, I rather lean in that direction....
17/11/2021
November 18, 2021- When it comes to hiring labour in a co-ownership, many directors think that it would be simpler and less expensive if it were provided by contract that the janitor, for example, would be considered a "self-employed". By doing so, it would not be appropriate to deduct deductions for tax purposes, or contributions to Employment Insurance or the Québec Pension Plan (QPP) at source. In addition, it is believed that this avoids red tape and contributions to the Commission des normes, de l'équité, de la santé et de la sécurité du travail (CNESST). In short, it costs less and everyone is happy......