This guide only applies to divided co-ownership. With the help of this book, the future "condo" buyer will acquire or complete his or her knowledge so as to conduct a serious process leading to an enlightened buying decision. For the reader who is already a co-owner, this book may have a positive influence on the manage ment and conservation of his or her immovable. As for the members of the board of directors of the syndicate of co-ownership, they will be able to better understand their obligations towards the community of co-owners, as well as the limits to their powers and responsibilities. For their part, managers will find plenty of information in this book allowing them to expand their knowledge.
Condo insurance in Québec is not an easy subject. Written for you the co-owner, the director and the manager, this publication aims at demystifying the world of co-ownership insurance in Québec, by providing precise answers to frequently encountered situations:
What differentiates the co-ownership insurance, the co-owner home insurance and the tenant home insurance?
What are the risks not covered?
How to prevent duplication of coverage?
Must one buy insurance with or without a broker?
How can one renegotiate an insurance policy?
What to do in the event of a loss on a co-ownership?
All these questions and several other essential aspects regarding co-ownership insurance are analyzed here for you.