Syndicate

Factsheets

21 Articles

Voting in a meeting of the co-owners

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 votes cast have the same weight. Divided co-ownership is also expressed by vote at meetings of co-owners. All proposals must be voted on to become…...

Syndicate
{alt}

Relative value of a fraction

Divided co-ownership is a housing formula that usually has more than one owner.  In order to assess and quantify the interest of each person in the building, the legislator has provided that the right of ownership of each owner in the common portions is proportional to the relative value of his fraction.  To determine the relative  value of a unit, it must be compared with the value of all the other units of the co-ownership.  The…...

Syndicate

Syndicate of co-owners

    The syndicate of co-owners, as a legal person, has  juridical personality, which allows it to contract with third parties, hire employees, hold and dispose of property or exercise legal remedies to protect its assets and ensure the defense of the collective interests of the co-owners.He plays a crucial role in a co-ownership, as it is its legal representative. A legal person constituted of all the co-owners (the collectivity of the co-owner) and governed…...

Syndicate

Written resolutions

It is possible to make a decision without having a meeting. Article 354 of the Civil Code of Québec  recognizes the value of a written resolution: "Resolutions in writing signed by all the persons qualified to vote at a meeting are as valid as if passed at a meeting of the board of directors, at a general meeting or at a meeting of any other organ. " The co-owners and directors may vote on a…...

Syndicate

Agenda of the meeting of the co-owners

A General Meeting of the co-owners cannot take place without an agenda. To deliberate in accordance with the Law, co-owners should be able to become aware, before the Meeting, of the questions on the agenda. This the reason why it should be annexed to the notice of call, usually prepared by the Board of Directors (Board). It contains all the questions to be tabled for deliberation during the Meeting of co-owners. This document must be clear…...

Syndicate

Calling of the meeting of the co-owners

The process leading to convening a general meeting of co-owners must be rigorously observed. It is necessary to comply with certain formal conditions and time constraints, otherwise the decisions taken during such general meeting could be invalidated. The co-owners are informed of the holding of the general meeting of co-owners by the reception of the notice of meeting. This written notice must indicate the date, time and venue of the meeting and the questions on…...

Syndicate

Converting an undivided co-ownership into a divided co-ownership (condominium)

When it comes time to acquire a home, many buyers turn to the acquisition of a multi-unit building (such as a duplex, triplex, quadruplex, etc.). The direct conversion of rental units to divided co-ownership is prohibited in some cities, with a few exceptions, which is why owners first turn them into undivided co-ownership. It should be noted that a building, whose dwellings are all occupied by undivided owners,can be converted into divided co-ownership, subject to…...

Syndicate
{alt}

Board of directors

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 a group that makes the decisions and not the directors individually. Its mission is to administer and ensure the preservation of the immovable. Its operation…...

Syndicate

Association of syndicates of co-owners

Article 1083 of the Civil Code of Quebec allows syndicates of co-owners to regroup within an association. More of an incentive than a creator of rights, this article aims to encourage syndicates to come together to share, in particular, the cost of certain common services. The latter can thus pool resources for the maintenance and conservation of their immovable. By seeking strength in numbers, the united syndicates of co-owners can devise effective strategies to better cope…...

Syndicate

Virtual meetings and reunions

The COVID-19 health crisis and its procession of government restrictions to limit gatherings have often made it impossible to regroup. The legislator was forced to organize the rescue of legal persons, banned from assemblies, to preserve, at least for a time, their functioning. The syndicates of co-owners have thus adopted alternatives to face-to-face meetings of co-owners. Social distancing obliges, COVID-19 has given rise to a phenomenon in co-ownership: virtual meetings of co-owners, also called remote meetings.…...

Syndicate
page 1 of 3
arrow_right_alt