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Expression of a co-owner’s opinion, during an election, which is counted to make a decision. The number of votes that each co-owner can exercise at the meeting of the co-owners is set by the declaration of co-ownership (constituting act of the co-ownership). It is proportional to the relative value of the fraction. The undivided co-owners of a fraction exercise their voting rights in the proportion of their undivided share. For example, Robert, an undivided co-owner, owns 60% of the right of ownership of the fraction and Louise, the other undivided co-owner, holds 40%, while the fraction has a relative value of 10%: Robert will have 6 votes and Louise 4 votes at the general meeting.
25/07/2024
During a recent co-owners' meeting, the president of the meeting distributed post-it notes and asked the co-owners to write their unit number and the names of five people of their choice to form the board of directors, which consists of five members. This is the first time I have encountered…...
23/07/2024
Co-owners must make decisions that are essential for the life of their co-ownership, which cannot be adopted by the board of directors without their consent. To this end, the meeting of co-owners brings together the co-owners or their representatives, at least once a year. In this context, the taking…...
23/07/2024
The right to vote is the very foundation of a democracy. The citizens who are part of it can thus express their will in an election. In principle, this right is equal among all voters. In effect, it is equivalent to "one person, one vote", which means that all the…...
30/06/2024
The co-owners have a legal proceeding when they oppose decisions taken by the meeting of the co-owners. They generally seek to contest decisions they consider unjustified. In order to promote the stability of the decisions made at the meeting of co-owners, the legislator allows such recourse only in certain circumstances.…...