Definition : Fraudulent acts (fraud)

Serious misconduct in the exercise of a mandate (director, provisional director, condo manager). Such acts of misappropriation include several types of serious misconduct such as embezzlement, diversion of assets, and accounting or financial frauds (e.g. falsification of accounts). In the case of fraud affecting a syndicate of co-owners, any interested party can ask the court to determine if the directors who participated in the misdeed or have made a profit therefrom are liable for the damage suffered by the syndicate.

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A co-ownership is exposed to various types of risks, such as fires, water damages, theft and acts vandalism; among these risks, one that is often overlooked is fraud. Those capable of committing fraudulent acts can sometimes be unsuspected or seemingly above suspicion; this includes director, co-owner, condo manager, service providers, and…...

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Condominium managers: a necessary framework for Quebec

The field of condominium management in Quebec remains without legislative oversight, a situation that could lead to similar abuses as those recently seen in Europe. While other Canadian provinces or European countries strictly regulate this profession, Quebec still lacks a specific legislative framework for managers. This lack of regulation allows…...

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Section 339 of the Civil Code of Quebec establishes as a basic rule that the term of office of a director is one year. The By-law of the immovable usually describe all the terms and conditions specific to the office of director, including the duration of his mandate. Thus, a syndicate of co-owners may,…...

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Civil liability insurance of the co-ownership manager

The day-to-day administration of the co-ownership may be entrusted to a co-ownership manager who may or not be chosen from the co-owners; thus, the syndicate can delegate to the co-ownership manager other tasks and responsibilities that are generally handled by the board of directors such as the collection of claims, the publication of a notice regarding a  legal hypothec…...

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Condo manager

Responsible of ensuring a good management, the condo manager plays a key role in a co-ownership (condominium); his function generally falls under the authority of the board of directors. Similarly to the directors, the function of the condo manager aligns with the preservation of the immovable for which he is responsible; his objective is to ease the directors'…...

Management
visuel_colloque2010

15/03/2023

Webradio du 15 mars 2023: Fraude en copropriété

La webradio du mercredi 15 mars 2023 a porté sur la fraude en copropriété et les mécanismes à mettre en place pour l’éviter. Une copropriété n’est pas à l’abri d’une fraude. Parmi ceux qui pourraient la commettre figurent les administrateurs, les copropriétaires, le gestionnaire de la copropriété, les fournisseurs de services et les…...

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visuel_colloque2010

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Un gestionnaire sanctionné

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Management