Definition : Immovable hypothec (conventional) - Transfer of a co-owner's voting rights

Additional guarantee in a deed of hypothecary loan, by which a co-owner relinquishes, in favor of his creditor, the voting rights attached to the fraction he has hypothecated. This right is generally exercised by the hypothecary creditor only if the co-owner defaults of his obligations towards the creditor. Remember that the voting rights transfer must be notified to the syndicate to preserve its opposability.

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Every co-owner should participate to all general meetings to ensure the general meeting can reach a quorum and therefore deliberate and take decisions. If you are unable to attend, or if you do not wish to participate, it is better to appoint a mandatary. He may thus represent you at the general meeting, by the means of a proxy you will give him. Remember that a proxy represents the ideal compromise to exercise your voting right.
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The law provides that a syndicate must keep a register at the disposal of the co-owners. The majority of  declarations of co-ownership detail the items  it contains. This register is the memory of the syndicate, and consequently, its archives. In is thus invaluable. Much more than a witness to the sound management of an immovable, it is its prime instrument. Therefore, preservation and access are the hallmarks of this register.
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