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Natural person appointed by the Board of directors. The treasurer oversees the updating and preservation of the accounting documents of the syndicate of co-owners. He also ensures the implementation of financial controls and of proper bookkeeping. This office usually includes the preparation and monitoring of the budget forecast, the management of relations with financial institutions, as well as that of investments and financing.
29/02/2024
Preparing a forecast annual budget is an unavoidable task in a co-ownership (condominium); its preparation, preliminary examination and adoption will ensure the proper functioning of the syndicate of co-owners. It is up to the board of directors to define the terms of the forecast annual budget based on the expenses that will have to…...
30/12/2023
The board of directors is one of the two decision-making bodies of the syndicate of co-owners. It is a mandatory decision-making body for any syndicate of co-owners. Composed of one or more directors, it is the cornerstone of any well-managed co-ownership. In principle, it is the board of directors as…...
18/12/2017
The Board of Directors (the Board) is made up of members called directors. Their appointment is subject to certain formalities. In this regard, article 1084 of the Civil Code of Québec provides that the composition of the Board of the syndicate, the method of appointment, replacement or remuneration of the directors, as well as…...