Definition : Common expenses (condo fees) - Developer’s contribution

The financial contribution assumed by the real-estate developer, in his capacity of co-owner, in relation with the expenses arising from the co-ownership and the operation of the immovable, as well as the amounts to be paid into the contingency fund and the self-insurance fund. This obligation to pay his share of the common expenses exists, from the publication of the declaration of co-ownership, for every unsold private portions he owns.

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The presence of a Board of Directors is mandatory in a co-ownership. It is the executive body of the syndicate and its legal representative. Its members act as the mandataries of the syndicate. When a co-ownership is newly constituted, the declaration of co-ownership generally provides for the appointment of a interim director, who exercises the functions of the Board of Directors until the Meeting of co-owners appoints a new board of directors. This transitional period is generally delicate because of the necessarily numerous and complex problems relating to defects in workmanship, latent defects and construction defects. And this is not to mention that the transitional administrator set up by the developer may have a negative role: protect the developer and transfer to the co-ownership of charges incumbent in principle on the developer.  Its appointment Usually, it is the developer who designates him, in accordance with a provision in the declaration of co-ownership (By-laws of the Immovable). Often he appoints one of his  representatives to act as the interim director of the syndicate.
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Expenses related to the maintenance and administration of the common portions of a co-ownerships start from its constitution as a legal person. It is therefore necessary that each co-ownership sets up, upon publication of the declaration of co-ownership, a Board of Directors to administer it. This board of directors is the executive body of the syndicate and its legal representative. Its members act as the mandataries of the syndicate. To ensure the star up of the syndicate, the developer usually designates in the declaration of co-ownership (by-laws of the immovable), one of its representatives to act as the interim director of the syndicate. His role is to accompany the co-owners, manage the co-ownership and see to the organization of the special transition meeting to elect the new directors to constitute the board of directors.
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Question: Cela fait six mois que je suis dans mon condo, et il y a encore plusieurs unités invendues dans l'immeuble. Je fais partie des administrateurs nouvellement élus sur le premier conseil d'administration de la copropriété, élu lors de l'assemblée extraordinaire pour l'élection du nouveau conseil. Qui doit payer les charges communes rattachées à ces unités invendues : est-ce nous ou le promoteur?
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