July 20, 2016 - The contingency fund is an essential kitty for any co-ownership. The recent misadventure of a group of co-owners in Kelowna, British Columbia, reminds us that it could be used well before the common portions reach the end of their life expectancy.
The said co-owners association had to spend $ 225,000, prematurely on account of substantial damage to its building facades caused by woodpeckers (maybe the offspring of the infamous Woodywoodpecker ). These birds have literally eaten away all the outer cladding.
July 17, 2016 - A one of a kind co-ownership tribunal was set up in British Columbia. It allows for online conflict resolution, using a smart phone.
The co-owners who feel aggrieved can file a complaint to the Resolution Tribunal (CRT), for example if they wanted to report a person "feeding squirrels on his balcony," says Tony Gioventu, executive director of the Condominium Owners Association in British Columbia.
This approach allows avoiding the expenses arising from legal proceedings. "Everything can be done in the comfort of your home with ultimately an enforceable judgment," added Tony Gioventu. Complaints can be filed day and night.
July 12, 2016 - A new university co-ownership management program is born. It will be given at the Centre de perfectionnement de l’École des sciences de la gestion (ESG UQUAM) (Development center of the Management Sciences School ESG UQAM) starting on September 8 next.
June 29, 2016 - A first Quebec-wide survey on the condo fees of divided units has just been unveiled. Prepared by the Fédération des chambres immobilières du Québec (FCIQ) (Québec Federation of Real Estate Boards) it compared the costs (in condo fees) of the co-owners of the various Metropolitan Census Areas (MCA). The survey compiled real estate transactions recorded on the Centris system, from May 1, 2015 to April 30, 2016.
April 15th, 2016 — The 2016 first quarter residential sales is cause for optimism in Québec, in stark contrast with the disappointing first quarter of 2015. This information is in the JLR Quarterly report on the Québec real-estate market.
April 13th, 2016 — Montréal has recently published the map of former dumps on its territory. It enumerates 94 quarries, and 12 surface dumps on which residences have been built, states the daily Le Devoir. In many cases, their location remains approximate.
March 14th, 2016 — the reform of co-ownership Law reform is delayed again and again. Many voices are raised to denounce “the tardiness of the Québec government to take action in this file”, announced Radio-Canada today.