Definition : Guarantee plan for new residential buildings - Optional Guarantee plans

Guarantee plan offering a guarantee on residential buildings which are not covered by the compulsory guarantee plan. This optional guarantee includes buildings with five or more superposed private portions, as well as buildings that have been renovated and converted to co-ownerships (e.g., abandoned factories, schools, churches, etc.). These various guarantee plans are managed by the APCHQ, the ACQ and the APECQ.

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23 juin 2020 — Les consommateurs bénéficieront d’une protection supplémentaire lorsqu’ils achèteront un condo, à la condition que le bâtiment qui l’abrite soit construit par un entrepreneur accrédité par Garantie de construction résidentielle (GCR). Cette garantie couvre entre autres les bâtiments comprenant quatre unités résidentielles superposées ou moins.
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Optional guarantee plans are sometime offered, for buildings not covered by the Guarantee plan for new residential buildings (compulsory guarantee plan). This form of guarantee is intended for those buildings comprising five or more superimposed private portions , and buildings renovated and converted into co-ownership (such as: abandoned factories, schools and churches). The optional guarantee plans are managed by the “APCHQ”, the “ACQ” and the “APECQ”.
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I am the co-owner of a new condo. Other owners and I have recently discovered cracks in the foundation of the building, as well as water infiltration in the garage. The promoter is mute, and we have not yet transferred the administration. Question: Should we refuse to elect our first Board of Directors, until the issues identified have been corrected? And should I sell immediately before other major problems arise?
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