Definition : Notice of assessment

Document prepared by the Board of Directors or the Condo manager indicating the amount of the contributions to the general common expenses and, where applicable, to the particular common expenses, as well as the date on which those expenses are due.

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Notice of assessment (common expenses)

Three months ago, we were called to the annual general meeting of co-owners during which co-owners were consulted on the budget forecast. However since the AGM, we have not received a notice from the Board detailing the amount of our contribution to our co-ownership’s operating budget. Questions: Isn’t the syndicate…...

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