Definitions on co-ownership in Québec

The glossary provides a definition of almost five hundred words of vocabulary used on the site Condolegal.com . The relevant terms are related to the condominium and undivided . Every time a glossary term is encountered on a page , users can view the definition of that term. An alphabetical access is also available.


Abstention

Abuse of rights

Access to a unit

Accrual basis of accounting

Acquired rights

Adhesion contract

Administration fund (general)

Administrator of the property of others

Airbnb

Alienation

Allocation plan of the common portions for restricted use

Alternative dispute resolution process (ADRP)

Altitude

Architect

Asset

Assigns (Beneficiary)

Association of co-ownership syndicates

Audit engagment

Bailiff

Balance sheet (statement of financial position)

Bankrupt

Bare owner

Board of directors

Budget forecast

By-Laws of the immovable

Cadastre

Cash basis of accounting

Certificate of location

Certificate of the condition of the immovable

Certified Professional Accountant

Chartered Appraiser

Civil code of Lower Canada

Civil code of Québec

Civil liability

Classification certificate

Clerical error

Co-owner

Co-ownership

Co-ownership by phases

Co-ownership fees (condo fees)

Common expenses (condo fees)

Common portion

Common portions for restricted use

Compilation engagment (Notice to reader)

Condo manager

Condominium (condo)

Constituting act (act constituting the co-ownership)

Construction code

Contingency fund

Contract of guarantee

Convening a meeting of co-owners

Conversion

Court of Appeal

Court of Québec

Decisional Body

Declaration of co-ownership

Deed of sale

Defects

Demand letter

Description of the fractions

Destination

Developer

Diffamation

Dimension (private portion)

Directors

Disorders

Divided co-ownership

Domestic animal

Dominant land

Election (appointment)

Encroachment

Engineer

Extinctive Prescription

Ferrous ochre (ochre deposit)

Financial Market Authority (Autorité des marchés financiers)

Financial period

Financial statements

Floors / floor covering

Fraction

Fund basis of accounting

Gross area

Guarantee plan for new residential buildings

Hearing on the merits

Hypothec (Conventional)

Hypothec pre-approval

Immatriculation of an immovable

Income statement

Indivision

Insects

Insurance

Insurance broker

Insurance fund

Interim occupancy

Jurisprudence

Key

Land Surveyor

Lawyer

Legal hypothec

Legal person

Lessee

Lessor

Liability

Liquidator

Listing

Loss

Lot

Maintenance log

Major components

Majority

Mandatary

Mechanical elements

Meeting of co-owners

Memorandum

Minutes

Mutation rights

Natural person

Net area

Noise

Notary

Note on the general terms and conditions of any proposed contract or planned work

Notice of appointment of a liquidator

Notice of assessment

Notice of closure

Notice of dissolution

Occupant

Odors

Offer to purchase (promise to purchase)

Operating fund

Payment default

Personal servitude

Plans and specifications of the immovable

Posting

Power of attorney

Pre-emptive rights

Pre-purchase inspection

Preliminary contract (promise to purchase)

Prior-contract

Private portion

Proceeding

Professional order

Property title

Public order

Purchase

Purchaser

Pyrite

Québec Co-owners and Manager Association (Regroupement des gestionnaires et copropriétaires du Québec (RGCQ)

Quebec Enterprise Number (NEQ)

Quebec Entreprises Registrar (Registraire des entreprises du Québec)

Québec Land Register

Québec real estate brokerage self-regulating organisation (Organisme d’autoréglementation du courtage immobilier du Québec)

Québec Real-Estate Boards

Quorum at the meeting of the Board of Directors

Quorum at the meeting of the co-owners

Real estate agency

Real estate broker

Real servitude

Real-estate tax

Régie du bâtiment du Québec (Québec Building Board)

Register of co-owners

Register of co-ownership

Register of lessees

Registration (syndicate)

Relative value

Rendering of account

Rental

Rental Board

Request for information to the syndicate of co-ownership (DRCOP)

Review engagment

Right of repossession of a dwelling

Right of withdrawal (Resolution)

Safety code

Satellite dishes

Serpula lacrymans (dry rot)

Service

Servient land

Share

Standardized value

Statement of debts and claims

Successors

Superior Court of Québec

Superior force

Suspensive condition

Syndicate of co-owners

Tabacco

Tax

Technologist

Undivided co-ownership (by indivision)

Unforseen events fund

Usufruct

Voting

Voting right

Work