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In many co-ownerships, managing common spaces represents a daily challenge. Among these challenges, vehicle parking is a thorny issue, just like everywhere else. There are often not enough spaces for all the cars, not to mention those that illegally occupy spots reserved for visitors or remain parked for months without moving, and no one knows who they belong to. This problem often requires the intervention of the manager or the board of directors to maintain…...
A co-ownership is exposed to various types of risks, such as fires, water damages, theft and acts vandalism; among these risks, one that is often overlooked is fraud. Those capable of committing fraudulent acts can sometimes be unsuspected or seemingly above suspicion; this includes director, co-owner, condo manager, service providers, and third parties. In light of these risks, it is essential to implement control measures and financial vigilance to detect and prevent any attempts at fraud…...
