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09/08/2022
October 31, 2017 - After conducting a co-ownership insurance consultation, from July 14 to August 29, the department of Finance is currently working on Bill 150, which provides significant changes in this field. Compulsory co-owners insurance As a first step, the Law will require that "each co-owners shall take out third person liability insurance “. The minimum compulsory amount will be determined by government regulation. In addition, the syndicates will have to make available to…...
09/08/2022
August 30, 2017 – The condo insurance consultation, held by the Ministry of Finance from July 14 to August 29, should eventually lead to major reforms in this field. Bodies such as the Chambre de l’assurance de dommages (ChAD) (Damage Insurance Chamber), which oversee insurance brokers and agents’ work, as well as that of claims adjusters, responded to this consultation by producing a brief, filed with the Ministry of Finance. The latter will analyze the…...
09/08/2022
September 11, 2017 - the RGCQ urges Québec to take action to end the current "confusion" in co-ownership insurance. "For two years Minister of Justice (Stephanie Vallée) tells us that she will legislate. We hope that she will finally make a move, "said Yves Joli-Coeur, Lawyer Emeritus and general secretary of the RGCQ....
09/08/2022
July 14, 2017 - A consultation on the subject of divided co-ownership insurance was officially launched by the Ministère des finances (Department of finances). This initiative is within the scope of the work of the Ministère de la justice (Justice Department), already in progress which will ultimately lead to the revision of Quebec co-ownership rules (legislative reform). The said consultation "arises from the finding that the current rules are insufficient", to ensure the maintenance and…...
09/08/2022
October 20, 2016 – Condo insurance in Québec is not an easy subject. Co‑owners, directors and managers will be the first to purchase the book Condo insurance Everything You Should Know at the Montréal Fall HomeExpo (October 20 to 23, 2016) at the Olympic Stadium, stand 250....
09/08/2022
December 1st, 2015 – Identity theft is a worrisome reality in 2015. It can affect any co-owner and cause major losses. Title insurance is a product that could save the day....
14/07/2017
14 juillet 2017 — Une consultation sur l’assurance pour copropriétés a officiellement été lancée par le ministère des Finances, Carlos J. Leitao. Cette initiative s’inscrit dans la suite des travaux déjà entamés par le ministère de la Justice, qui mènera, ultimement, à la révision de l’ensemble des règles relatives à la copropriété québécoise (réforme législative)....
09/05/2017
Mardi 9 mai 2017 — Contrairement aux idées reçues qui ont été propagées, dernièrement, les syndicats de copropriétaires sont habituellement couverts advenant qu’une inondation sévisse dans leur immeuble....
17/11/2016
17 novembre 2016 - La dernière édition du magazine Condoliaison a consacré six pages à l’assurance pour copropriétés. On y découvre, entre autres, que les règlements de sinistres relèvent, parfois, d’une approche autre que celle qui devrait normalement être préconisée. C’est du moins ce que pensent certains juristes. Ce constat a soulevé une question fondamentale au RGCQ : « Qui fait la loi en matière d’assurance au Québec? »...
13/06/2016
13 juin 2016 — La Chambre de l’assurance de dommages (ChAD) a mené un sondage, du 16 au 18 mai dernier, dont les résultats se sont avérés inquiétants : près d’un Québécois sur deux qui a loué sa résidence sur Airbnb a omis d’en aviser son assureur. ...
