Definition : Insurance - Liability insurance of the General Meeting Officers

Insurance intended to cover the General Meeting Officers of the syndicate in relation with the consequences of their liability, more particularly in relation with damages suffered by the co-owners as a consequence of faults committed in the execution of their duties. It is usually subscribed by the syndicate and the premiums appurtenant thereto are common expenses.


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  The appointment of meeting officers is necessary to hold a general meeting of co-owners.The range of their titles and functions are without limitation:  president, vice-president, secretary and scrutineer of the general meeting. It is the declaration of co-ownership, in the chapter By-laws of an immovable that provides the rules to be followed. However, the civil liability of a general meeting officer with regard to the tasks incumbent upon him is largely unknown. Yet many Quebeckers accept this charge, while not being aware of this reality.
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Almost every insurance policy includes deductibles, in varying amounts according to the insured risk (e.g. fire and water damage). In co-ownerships, deductibles are a factor in the Building insurance, and in the third party liability insurance of the syndicate, directors, general meeting officers, co-ownership manager (gérant) and of the condo manager (gestionnaire). Regarding co-owner’s insurance, generally each home insurance policy contains one or more deductibles for various amounts according with the nature of the loss.  
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