Definition : Co-ownership fees (condo fees)

All of the current expenses of the co-ownership for maintenance and management of the common portions of the immovable, the preservation of the immovable and the amounts paid into the contingency fund and into the self-insurance fund.

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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…...

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When you buy a unit in divided co-ownership, you do not only acquire an  apartment. You also join a group of co-owners responsible for the accounts to be paid to maintain and preserve the building. It is therefore important to be careful and to check, upstream, the financial statements and…...

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Location en copropriété divise: la discrimination est en principe interdite

Je suis propriétaire locateur d'unités de condo. Le syndicat de la copropriété a voté récemment un règlement pour facturer au propriétaire des frais lorsqu'un locataire emménage ou déménage. Bien que ces frais soient élevés, est-ce qu'un recours pourrait être possible si toutefois ces frais augmentaient au point d'être abusif (disons…...

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The declaration of co-ownership is intertwined with the purchase of an apartment held in divided co-ownership. A genuine "user's guide", this document defines the rules to be observed in the immovable, as well as its administrative and management guidelines. Before acquiring a condo, any careful buyer should, imperatively, read the declaration…...

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