The condition of an asset that is no longer in good condition due to wear and tear or deterioration resulting from time or normal use of the materials and equipment of which it is made.
30 octobre 2022 — L’avocat émérite et président du RGCQ, Yves Joli-Coeur, donnait une entrevue à Gino Chouinard and Georges Pothier de Salut Bonjour sur le drame humain que vivent 48 familles de St-Jérôme. Rappelons que le Journal de Montréal rapportait, dans un article intitulé 48 propriétaires de condo devront évacuer leurs immeubles mal construits, que trois immeubles de 16 logements, situés aux numéros 600, 620 et 640 de la rue Castonguay à St-Jérôme, avaient une structure pourrie. L’estimation des coûts de rénovation au 620, par exemple, est de 4,2 millions $, soit 262 000 $ par logement, ce qui dépasse leur valeur marchande.
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All co-ownerships have common portions that need to be maintained. These may include corridors, stairs, gardens and elevators. The syndicate has an obligation to ensure their maintenance, since the declaration of co-ownership generally provides that it is the main person responsible for them.
In addition, article 1039 of the Civil Code of Quebec stipulates that the syndicate has the obligation to ensure the preservation of the immovable and, by the same token, the maintenance of common portions. As for the maintenance of common portions for restricted use, for example balconies, it can be entrusted (in part) to the co-owners who have the enjoyment. This reduces the use of external service providers, thereby reducing the amount allocated to common expenses.
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