Definition : Asset Management Plan

Document listing the work to be undertaken over several years in the common portions of the immovable. The plan specifies the order of priority of the work and its cost, so as to ensure the orderly maintenance of common portions and anticipate their deterioration. It includes the contingency fund survey, the maintenance log, the certificate of the condition of the immovable. This document is an integral part of the register of co-ownership as a "document relating to the immovable'' and shall be made available to any co-owner upon request.

Related articles


Every syndicate of co-owners has obligations regarding common portions maintenance. Article 1039 of the Civil Code of Québec provides that the object of the syndicate is the conservation of the immovable, the maintenance and the administration of the common portions. However, this section was amended following the adoption of Bill 16. At the end of the first paragraph, referring to the syndicate of co-ownership, it reads the following sentence: "The legal person must, in particular, see to it that the work necessary for the preservation and maintenance of the immovable is carried out." This duty to preserve the immovable is exercised in particular by the setting up of a maintenance logbook.
View more
Le certificat d’état d’immeuble correspond à un « bilan » de l’immeuble : il constate la qualité du bâtiment, à un moment précis. Il comprend l’inventaire des composantes de l’immeuble (espaces extérieurs, bâtiments, logements, équipements, etc.) qui feront l’objet d’une évaluation pour les fins du fonds de prévoyance. Bien il n’y ait pas d’obligation légale à cet effet, ce document devrait être préparé par un technologue professionnel, ingénieur, architecte.
View more
The law provides that a syndicate must keep a register at the disposal of the co-owners. Article 342 of the Civil Code of Quebec specifies that the board of directors keeps the list of members and the books and registers necessary for the proper functioning of the legal person. This register is the memory of the syndicate, and consequently, its archives. In is thus invaluable. Much more than a mere witness of the sound management of an immovable, it is its prime instrument. Therefore, preservation and access are the hallmarks of this register.  
View more
Le plan de gestion d’actifs décrit et chiffre les mesures prises par le conseil d’administration relativement au fonds de prévoyance, afin d’assurer la conservation et l’entretien du patrimoine immobilier. Ce plan définit le scénario d’intervention visant à maintenir l’actif, quantifie le coût de sa mise en œuvre et établit la stratégie de financement. Il précise donc : Le niveau d’entretien; Les correctifs à apporter à l’immeuble; L’estimation du montant du fonds de prévoyance et de l’entretien; Le scénario choisi par le conseil d’administration.
View more