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Prerogative that belongs to certain creditors to exercise their rights over immovable property, in whatever hand it is.
WARNING ! According to article 1069 of the Civil code of Quebec, the purchaser of a divided co-ownership fraction is responsible, including for interest, for all common expenses due at the time of acquisition. However, this provision does not establish either a real right to followon the said co-ownership fraction.
17/09/2024
Before buying the apartment of your dreams, find out about the status of the common expenses associated with it, especially those that may have remained unpaid by the seller. Common expenses, better known as " condo fees", which you will have to pay once you become a homeowner, are an essential…...
01/07/2024
Common expenses (condo fees) must be paid by any co-owner. If they don't pay, they are considered "in default". The management of unpaid common expenses in co-ownership is a complex subject, often a source of concern for both syndicates and buyers. Indeed, the latter may find themselves responsible for the…...
30/06/2024
The failure to pay general or special common expenses (condo fees) is one of the most contentious co-ownership’s issues. It is the duty of the board of directors of the syndicate of co-owners to collect them, unless this task has been delegated to the condo manager. When a co-owner's contributions have…...
25/10/2010
When selling an immovable, the buyer is required to pay with interest on all common expenses owed by the seller (article 1069 of the Civil Code of Quebec). The syndicate will then be able to claim sums from him that he never thought he would have to pay. However, if…...