Definition : Management contract

Contract that determines the obligations and the method of remuneration of the condo manager. It can take the form of a contract for services (of enterprise) or of a contract of employment. To improve co-ownership management and increase the manager's transparency with respect to a syndicate of co-owners, the Regroupement des gestionnaires et copropriétaires du Québec (Québec Co-owners and Manager Association)  has created a standard service contract designed specifically for managers and directors. This contract determines a restrictive list of specific services which gives rise to the payment of additional remuneration. Anything not included in this list is included in the manager's annual fee.

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23/02/2024

Contract of employment

The qualification of the contractual relationship between the syndicate of co-owners and the condo manager is of high importance since the rules of termination differ depending if it's a contract for services or a contract of employment; section 2085 of the Civil Code of Québec defines the contract of employment as a contract, verbal or…...

Management

21/02/2024

Termination of the manager's contract

A contract typically comes with an expiration date; this is true for the contractual relationship between the syndicate of co-owners and its condo manager. The agreement can last for years or end abruptly; the flexibility and the adaptability of this agreement efficiently addresses the evolving needs and the changes of both parties. Moreover, loyalty…...

Management

20/02/2024

Manager's remuneration

The contract for services must clearly outline the condo manager's remuneration regarding the day-to-day management services provided for the co-ownership (condominium); this management includes the usual acts that are generally part of the base package but the manager can also request additional fees for extra rendered services.      ...

Management
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16/02/2024

Liability related to his responsabilities

The condo manager’s tasks are numerous and so, his civil liability could be engaged. As a mandatary of the syndicate of co-owners, the manager is required to fulfill the terms of his mandate. The manager can incur his liability in two ways: first of all, he can incur his contractual civil liability towards the mandator;…...

Management

13/02/2024

Management contract

The management contract determines the obligations and the remuneration method of the manager specifying the duration and the nature of the mandate. In principle, it is up to the board of directors to set the guidelines of the management contract and so, based on the size and the specifics of the co-ownership (condominium). The…...

Management

06/02/2024

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