Definition : Loss

See : Loss

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25/11/2024

Assignment of claims: What are the risks after a loss ?

We need to carry out work following water damage, and the contractor appointed by our insurance company is asking us to sign a document entitled "Assignment of Claims and Authorization to Proceed with Work". However, there is a paragraph in the document that seems difficult to understand, and we would…...

Insurance

30/10/2024

L’intervention après sinistre en copropriété (webradio)

Le mercredi 30 octobre 2024,, la webradio Condolegal a consacré une émission entière à un sujet d’une importance capitale pour toutes les copropriétés : la gestion des interventions après sinistre en milieu de copropriété. En cas de dégât d’eau, d’incendie ou de toute autre catastrophe imprévue, les copropriétaires et les…...

Management

25/05/2024

Should one always claim for a loss?

After being victims of a loss, the members of the board of directors and the affected co-owners are often caught off guard. How will things unfold? There is no need to worry or panic, because in principle, once the notice of loss completed, various stakeholders get involved: the insurer of…...

Insurance

20/05/2024

Lessee’s insurance

With the increasing presence of tenants in divided co-ownership buildings, it is essential for all stakeholders to fully understand the issues related to insurance coverage. Unlike in other countries, Quebec law does not require tenants to purchase “home insurance”, which would cover their belongings and civil liability in the event…...

Insurance
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09/04/2024

I am affected by water damage: who should I call?

Last night, upon returning from work, I was faced with a disaster. As soon as I opened the door, the sound of running water alerted me. The bathroom had turned into a pool, with the pipe under the sink having burst. After shutting off the water supply, the urgency of…...

Insurance
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13/03/2024

Water leak detection systems

Water damages are the leading cause of loss ratio in co-ownerships (condominiums); they are also becoming more and more expensive and so, whether it concerns the syndicates of co-owners or their insurers. For reference, over the past decade, the proportion of water damages has more than doubled in immovables of co-ownerships. In order to limit the…...

Management

07/03/2024

Prevention of a water damage

The occurrence of a loss in a co-ownership (condominium) is never good news; a significant water damage is likely to cause lasting damages within the immovable. Considering the impact of water damage on a co-ownership's budget, preventive measures must be implemented to monitor components and equipment at higher risk. Moreover, effective and regular communication…...

Management
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06/03/2024

Causes and consequences of water damages

The main causes of water damages include flooding, sewer backups, poor maintenance as well as broken pipes and leaky plumbing fixtures. Construction defects and faulty design such as defects in the tightness, a poor design of the drainage networks and a counterspend of the balconies can also be the cause of water damages. Since…...

Insurance

05/03/2024

Water damages

The concept of water damage refers to the damages caused to property by the action of water; it can be a pipe that bursts because of the frost, the drain pipe of the washing machine that breaks or the bathtub that overflows. Water damages are probably the most recurrent problems in immovables in…...

Management
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01/01/2024

Capsule vidéo avec Yves Joli-Coeur: Recours contre un copropriétaire responsable d'un sinistre

Dans cette capsule vidéo, l’avocat émérite Yves Joli-Coeur aborde un sujet essentiel pour toute copropriété : les recours du syndicat contre un copropriétaire responsable d’un sinistre. Il souligne que lorsqu’un sinistre survient dans une copropriété, le copropriétaire de l’unité d’où provient le sinistre n’est pas systématiquement tenu responsable. La responsabilité…...

Syndicate
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30/10/2023

Prevention Instead of Cure: The Situation at SDC Square Cartier

Every step of a construction project is crucial to its success. The Square Cartier co-ownership, which has recently been the subject of a lot of media coverage, is the perfect example of a poorly planned construction project. Indeed, it seems that the preliminary phases of this project suffered from a…...

Work

03/10/2023

Webradio du 11 octobre 2023 : La gestion des sinistres en copropriété

Le mercredi 11 octobre 2023 (à 19h), lors de la traditionnelle webradio de Condolegal, il était question de la gestion des sinistres en copropriété. Un incendie, un dégât d’eau ou un acte de vandalisme en copropriété constitue des situations qui peuvent être complexes et stressantes tant pour les copropriétaires que…...

Insurance

24/03/2021

Sinistre en copropriété: êtes-vous prêt à y faire face? (webradio)

Le mercredi 24 mars 2021, la Webradio de Condolegal.com a abordé le thème de la gestion des sinistres en copropriété. Animée par François Cellier, cette édition a énoncé les démarches nécessaires après un incendie ou un dégât des eaux. L'accent a été mis sur l'importance du rôle du fiduciaire d’assurance et…...

Insurance

05/03/2021

Valeur de reconstruction versus l'augmentation du coût des matériaux de construction (webradio)

Le mercredi 3 mars 2021, la Webradio de Condolegal.com était entièrement dédiée à un sujet complexe en copropriété: la valeur de reconstruction versus l'augmentation du coût des matériaux de construction. Le coût des matériaux de construction a augmenté considérablement depuis mars 2020, date du début d'une pandémie qui n'a pas…...

Work
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09/08/2022

Additional insurance premium: can we blame the offending co-owner?

A co-owner has repeatedly caused several water damages  in our building, due to his negligence. This resulted in a surcharge for the syndicate's insurance.   Question:  Can the board of directors claim the full amount from the co-owner who caused the loss?...

Insurance

25/10/2010

Possession and transfer of risks

The transfer of ownership will take place at the signing of the deed of sale, as well as the taking of possession which usually takes place on the same day. In return for the payment of the sum agreed to the seller, the buyer will have the full enjoyment of…...

Purchase