Definition : Legal hypothec - Prior notice of exercise of a hypothecary right (divided co-ownership)

Notice published and served on the co-owner who is still in default of paying his share of the common expenses or his contributions to the contingency fund, following the publication of a legal hypothec on the title of his property. Upon the expiry of a period of 60 days after the publication and service of the prior notice, the syndicate of co-owners may, if the failure to pay is still not resolved, institute a hypothecary recourse for, inter alia, the sale under judicial authority or the taking in payment of the private portion of the defaulting co-owner.

Webradio du 9 septembre 2020: L'hypothèque légale de la construction

Certains copropriétaires expérimentent l'hypothèque légale de la construction. Elle signifie qu'après avoir acheté l'appartement convoité, ils devront assumer les honoraires des sous-traitants que le constructeur n'a pas payé.

Collection of unpaid common expenses

The failure to pay general or special common expenses (condo fees), as well as those relating to the contingency fund, is one of the most contentious co-ownership’s issues. It is the duty of the board of directors of the syndicate of co-owners to collect them, unless this task has been delegated to the condo manager. When a co-owner's contributions have been in arrears for more than three months, the law provides, ex officio, that he automatically loses his right to vote at the general meetings of the co-owners. He is also exposed to legal recourses, so that the syndicate can recover the amounts owing. A review of the options in such cases.

Frais de gestion et d’avocat : un copropriétaire délinquant doit-il toujours payer?

9 avril 2019 — Les frais de condo en souffrance peuvent entraîner un imbroglio juridique duquel personne ne ressort gagnant. C’est ce qui est arrivé à un couple de copropriétaires qui, après avoir fait défaut de payer ses frais de condo, a dû faire face à la publication, par son syndicat de copropriétaires, d’une hypothèque légale contre l’unité qu’il a achetée en 2013. Il en a résulté un procès opposant les deux parties.

Definition : Legal hypothec - Prior notice of exercise of a hypothecary right (divided co-ownership)

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