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A standard form of the “Organisme d’autoréglementation du courtage immobilier du Québec” (Québec Real-Estate Brokerage Self-Governing Agency) recommends that it be remitted by the real-estate brokers to a syndicate of co-owners to obtain information on the immovable and its administration. This form must be signed by the owner-vendor and by a duly authorized representative of the board of directors.
26/09/2024
I am in the process of buying a condo, and I want to make sure I make an informed decision. I understand that many of the essential documents needed to properly assess the potential purchase are found in the co-ownership register. I don’t want to end up with unpleasant surprises…...
11/03/2024
During the sale of an apartment, we, as directors, often have to complete and provide documents to notaries and real estate brokers. Clearly, we understand that the goal is to properly inform the prospective buyer about various aspects of their purchase. We also understand that this process aims to ensure…...
09/02/2024
The administration of a syndicate of co-owners requires financial expertise, which is vital for the proper functioning of the co-ownership (condominium). In collaboration with the board of directors, the condo manager ensures budgetary balance and financial management which includes budget preparation, account management, and the distribution of common expenses (condo fees); he also…...
08/02/2024
The management of a co-ownership (condominium) involves an administrative aspect that requires the implementation of strict control procedures. Efficiency in carrying out these administrative tasks is essential to ensure smooth and effective management within a syndicate of co-owners; despite their potential complexity, these responsibilities are crucial for ensuring transparency and order in the…...
06/12/2023
Seeking the services of a real-estate broker, who was formerly referred to as a real estate agent, is not mandatory. However, unless you are able to assume the purchase and / or sale of a fraction of a building held in divided co-ownership by yourself, which will require ample time as…...
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09/08/2022
Question: I want to sell my apartment. I am aware that I must provide a number of documents to the real estate broker who takes care of the sale, to the buyer in the making whose offer I will have accepted and to the notary who is in charge of…...
09/08/2022
Question: We have accumulated significant sums for the repair of the roof, which is to take place in ten years. As part of the sale of my apartment, can I ask the buyer or the syndicate for a refund of the contributions I have paid to the contingency fund?...