A serious offence, constituting a crime, for which a person is prosecuted by indictment. This type of offence carries the most severe penalties in the Criminal Code (federal law). Examples of criminal acts include theft or fraud, sexual assault with a weapon, driving under the influence of alcohol and aggravated assault, extortion and murder. The court, on the application of an interested person, may prohibit a person from holding office as a director of a syndicate of co-owners if the person has been found guilty of an indictable offence involving fraud or dishonesty in a matter related to legal persons.
The members of the board of directors play a key role in the co-ownership: they must be involved in the life of the building to ensure the proper management of the co-ownership and the well-being of the co-owners. Usually appointed by the Meeting of the co-owners, the director is a member of the Board of Directors of the syndicate. Its duties are to make decisions on the directions and priorities of the Syndicate. Such Decisions are without limitation for the purpose of the preservation of the immovable and also the management and maintenance of common portions. People who are thinking of becoming a director of a syndicate of co-owners have or should ask themselves certain questions before submitting their candidacy for this office. Do I have the required qualities and skills?