Definition : Rental

Procedure which consists in renting a private portion (e.g.  an apartment, a locker or parking space ) to a person. We also talk about a lease contract. The co-owner-lessor must, before the signing of the lease, give his lessee a copy of the by-laws of the immovable and of their amendments. These by-laws form an integral part of the lease. In addition, the co-owner renting his private portion is compelled to inform the syndicate of co-owners thereof and to give to it the lessee’s name. The syndicate of co-owners may, after notice to the lessor and the lessee, apply for the resiliation of the lease of a private portion when the breach of an obligation by the lessee causes serious harm to a co-owner or other occupant of the immovable.

WARNING ! A co-owner who rents or lends his or her fractional co-ownership has his or her rights of use and enjoyment of the common portions exercised by his or her tenant or borrower. He cannot exercise these rights himself in addition to his tenant or borrower. He cannot, therefore, in addition to his tenant, have the right to use the common portions, such as the use of the swimming pool.