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Insurance to cover the co-owners’ failure to pay common expenses (condo fees) when their private portion becomes temporarily uninhabitable following a loss. This guarantee indemnifies the syndicate of co-owners under reserve that the said loss is covered under the insurance policy. It is usually covered under a separate guarantee.
17/09/2024
Before buying the apartment of your dreams, find out about the status of the common expenses associated with it, especially those that may have remained unpaid by the seller. Common expenses, better known as " condo fees", which you will have to pay once you become a homeowner, are an essential…...
01/01/2024
Dans cette capsule vidéo, l’avocat émérite Me Yves Joli-Coeur aborde le sujet des charges communes en copropriété, en particulier leur répartition et leur perception. Il rappelle que la copropriété entraîne des dépenses relatives à l’entretien des parties communes et à l’administration courante du syndicat. Les coûts d’administration, d’entretien, de remplacement,…...
12/02/2021
Les copropriétés qui perdent leur assureur ne sont plus des cas isolés. Si la plupart d'entre elles parviennent à en trouver un autre pour recadrer le risque, les primes et les franchises n'en demeurent pas moins substantielles....