An immovable whose dwellings are all occupied by undivided owners, can be converted into divided co-ownerships, subject to certain conditions. But carrying out this conversion requires to overcome several steps involving all owners concerned.
Mardi 29 mars 2011 - L'émission LA FACTURE, diffusée à Radio-Canada le mardi 29 mars, a abordé le sujet épineux des «bails à vie».
Dans un cas bien spécifique, la Loi sur la Régie du logement (art. 54) accorde une protection aux locataires afin d’éviter qu’ils ne soient évincés de leur logement.
The purchase of a condo leased to a third party is a frequent occurrence in the resale market. Save for an agreement to the contrary, nothing prohibits a co-owner lessor from selling and a purchaser of purchasing an apartment even though the tenant wishes to continue to reside in it.
The lease is attached to the immovable, not to the co-owner/ lessor. The lease will continue to be in force even if the unit is sold and the terms and conditions of the lease shall remain the same.