44 Articles
22/11/2022
Every January or February, the manager, the accountant or the administrator of the co-ownership syndicate must complete, at the request of the co-owners concerned, the form TPZ-1029.MD.5-V for the tax credit for home support services for seniors. Completing this form requires an analysis of the accounting books to use only eligible expenses. This work can take a lot of time, depending on the volume of transactions of the condominium. It is tempting to charge the…...
22/12/2013
22 décembre 2013 - Un de vos employés s’absente fréquemment du travail, surtout les vendredis et les lundis. Un autre vous présente des billets médicaux vagues, du genre « Arrêt de travail pour 1 semaine » ou « A été vu à la clinique – Revoir dans 3 jours ». Que devriez-vous faire, en tant qu’administrateur de votre syndicat de copropriété, dans de telles circonstances?...
05/03/2021
5 mars 2021 — Dans cette deuxième partie de ma chronique qui traite des gestionnaires de copropriété, je parlerai d’autres facettes propres à leur relation avec un syndicat de copropriétaires. Dans mon texte précédent, j’ai mentionné qu’une firme de gestion passe en moyenne trois ans dans une copropriété. Pourquoi? Bien souvent parce qu’après quelques années, les membres d’un CA quittent et d’autres prennent la relève. Or, les nouveaux arrivants peuvent être enclins à critiquer la…...
30/05/2024
A syndicate of co-ownership becomes an employer when it hires an employee under a work contract, whether verbal or written. A work contract exists when an employee performs work for remuneration under the direction or control of an employer (article 2085 of the Civil code of Quebec). This entails new legal responsibilities and obligations for the syndicate of co-ownership (SOC). Failure to comply with these obligations can result in significant legal and financial consequences. To…...
02/11/2018
2 novembre 2018 - Encore de nouvelles obligations pour les syndicats de copropriétaires, dites-vous? Eh bien, oui!, si vous avez des employés. Mais si ça peut vous rassurer, ces nouvelles obligations s’adressent aussi à tous les employeurs québécois, sans exception…...
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....
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....
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…...
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…...
10/01/2025
Wood fireplaces, appreciated for their charm and conviviality, are now raising major concerns in co-ownership buildings. Due to public health, environmental protection and safety issues, these installations must now comply with strict standards, such as those established by the Construction code. In addition, municipal regulations, particularly in Montreal, impose significant restrictions on their use and sometimes require costly compliance work. This article examines the challenges associated with these installations and proposes solutions to ensure compliance…...