Individual or a legal person who manages and administers the affairs of the syndicate of co-owners, but who does not participate, in principle, in the decision-making process. The Condo manager executes, for a fee, the decisions of the Board of Directors. The management contract determines the compensation method and the scope of the manager's obligations. This is usually a contract for services. It could also be a contract of employment.
WHAT YOU SHOULD KNOW! The Regroupement des gestionnaires et copropriétaires du Québec has put in place a service contract model. Directors have an interest in requiring it from the manager with whom they do business, because this document precisely defines the benefits of the latter.
WARNING ! The condo manager must be distinguished from the co-ownership manager, in particular in that the law does not recognize any legal status, any explicit power and duty and no formal obligation to report on its management when its functions come to an end.
