RSS condolegal 2022-07-03T18:42:08+0000 Zend_Feed_Writer http://en.condolegal.com/ condolegal contact@condolegal.com http://www.condolegal.com <![CDATA[Quarrelsomeness and abuse of procedure in divided co-ownership: what about it?]]> Life in co-ownership is like a micro-society where disputes are omnipresent. Many conflicts are neighborhood quarrels, which are usually settled with civility. However, it happens that some disputes are fueled by co-owners thirsty for justice who will want to assert their rights in court at all costs. This is why divided co-ownership is not immune to quarrelsome litigants who multiply legal recourses to redress real or fictitious damage. They usually represent themselves alone in court. They show stubbornness and narcissism by systematically trying to have indirectly what cannot be obtained directly.

]]> 2022-05-16T09:51:00+0000 2022-05-19T20:52:07+0000 http://en.condolegal.com/your-rights/factsheets/3205-quarrelsomeness-abuse-procedure-divided-co-ownership Life in co-ownership is like a micro-society where disputes are omnipresent. Many conflicts are neighborhood quarrels, which are usually settled with civility. However, it happens that some disputes are fueled by co-owners thirsty for justice who will want to assert their rights in court at all costs. This is why divided co-ownership is not immune to quarrelsome litigants who multiply legal recourses to redress real or fictitious damage. They usually represent themselves alone in court. They show stubbornness and narcissism by systematically trying to have indirectly what cannot be obtained directly. <![CDATA[Surfside: 997 million $ for victims of condo tower collapse]]> 8-copropriete-condoMay 14, 2022 — On the night of June 24, 2021, a high-rise apartment building, located on the northern edge of Miami Beach, partially collapsed. This tragedy, which claimed nearly 100 victims, aroused fear and horror. The destruction of Champlain Towers South, a 12-storey tower built in 1981 and held in divided co-ownership, led to a class action lawsuit involving several defendants, including the developer and contractors of a nearby construction project. According to the plaintiffs, the construction of another condo tower in 2016 generated vibrations and contributed to the collapse of the building by destabilizing its foundations. Other defendants included building professionals (architects and engineers) who had been hired by the co-property, as well as the town of Surfside itself.

]]> 2022-05-14T11:55:00+0000 2022-06-02T23:58:03+0000 http://en.condolegal.com/insurance/news/3203-Surfside-997-millions-for-victims-of-condo-tower-collapse May 14, 2022 — On the night of June 24, 2021, a high-rise apartment building, located on the northern edge of Miami Beach, partially collapsed. This tragedy, which claimed nearly 100 victims, aroused fear and horror. The destruction of Champlain Towers South, a 12-storey tower built in 1981 and held in divided co-ownership, led to a class action lawsuit involving several defendants, including the developer and contractors of a nearby construction project. According to the plaintiffs, the construction of another condo tower in 2016 generated vibrations and contributed to the collapse of the building by destabilizing its foundations. Other defendants included building professionals (architects and engineers) who had been hired by the co-property, as well as the town of Surfside itself. <![CDATA[Awarding a construction contract : be careful!]]> May 3, 2022- The duty of maintenance and conservation of the building that falls to the administrators of a co-ownership involves one day doing business with construction contractors. Whether it is to replace the roof, renovate the entrance hall or repair brick siding and masonry, it is important to be vigilant when awarding such contracts, given their often very high costs.

As agents of the syndicate, directors must act with caution, in order to protect the interests of the community of co-owners. This translates into various rules that should be followed, especially when the work is important:

]]> 2022-05-03T09:00:00+0000 2022-05-06T10:27:56+0000 http://en.condolegal.com/work/chronicles/richard-lecouffe/1466-awarding-construction-contract-be-careful May 3, 2022- The duty of maintenance and conservation of the building that falls to the administrators of a co-ownership involves one day doing business with construction contractors. Whether it is to replace the roof, renovate the entrance hall or repair brick siding and masonry, it is important to be vigilant when awarding such contracts, given their often very high costs. As agents of the syndicate, directors must act with caution, in order to protect the interests of the community of co-owners. This translates into various rules that should be followed, especially when the work is important: <![CDATA[Maintenance, renovation or construction contracts in co-ownership]]> To maintain the common portions of the co-ownership and ensure the preservation of the immovable, it is necessary for the syndicate to subscribe to a certain number of maintenance or construction contracts. As the representative of the syndicate of co-owners, it is the board of directors that generally has the power to subscribe to all the contracts of the co-ownership. To manage costs and determine the obligations of each, it is essential for directors to distinguish the main types of contracts. This fact sheet provides an update on the most common contracts in this area, namely the lump sum contract, the cost-plus contract and the flat-rate unit price contract.

]]> 2022-05-02T12:31:00+0000 2022-06-25T21:29:53+0000 http://en.condolegal.com/work/factsheets/3202-maintenance,-renovation-construction-contracts-co-ownership To maintain the common portions of the co-ownership and ensure the preservation of the immovable, it is necessary for the syndicate to subscribe to a certain number of maintenance or construction contracts. As the representative of the syndicate of co-owners, it is the board of directors that generally has the power to subscribe to all the contracts of the co-ownership. To manage costs and determine the obligations of each, it is essential for directors to distinguish the main types of contracts. This fact sheet provides an update on the most common contracts in this area, namely the lump sum contract, the cost-plus contract and the flat-rate unit price contract. <![CDATA[Common expenses: what your real estate broker has a duty to do or say]]> I want to know how the condo fees (common expenses) appearing in the ads of real estate agencies are established. These are not constant and put a doubt in the minds of those who want to buy in condominiums. Question: Is there a uniform directive in real estate agencies in this area? What advice should a real estate broker give to his client when he assists him in completing the form of the declaration of seller ? Some vendors report all costs, others report only current expenses (e.g., maintenance, operation and administration expenses of common portions). These two ways of doing things can vary the amount of condo fees by 300%, which can represent significant amounts for a buyer.

]]> 2022-04-25T13:04:00+0000 2022-04-26T12:32:05+0000 http://en.condolegal.com/purchase/questions-answers/3200-common-expenses-what-your-real-estate-broker-has-a-duty-to-do-or-say I want to know how the condo fees (common expenses) appearing in the ads of real estate agencies are established. These are not constant and put a doubt in the minds of those who want to buy in condominiums. Question: Is there a uniform directive in real estate agencies in this area? What advice should a real estate broker give to his client when he assists him in completing the form of the declaration of seller ? Some vendors report all costs, others report only current expenses (e.g., maintenance, operation and administration expenses of common portions). These two ways of doing things can vary the amount of condo fees by 300%, which can represent significant amounts for a buyer. <![CDATA[Wassim Hamdy]]>

Wassim Hamdy

During his university studies, Wassim participated in several parliamentary simulations such as those of the European Parliament (SPECQUE) and the Quebec Youth Parliament. These multiple experiences have allowed him to develop listening, analysis and negotiation skills that he puts to good use in the files he is responsible for.

With a dual African and North American culture and a good command of French, English and Arabic, Wassim is involved in international projects within the firm. He contributed to a comparative study of laws in the context of a project in North Africa. All these assets put him in a good position to accompany our clients in their African affairs.

Young, dynamic and enthusiastic lawyer, Wassim is very much appreciated by his clients as well as by his colleagues for his voluntarism, his quality of listening and his professional thoroughness.

]]> 2022-04-24T07:55:00+0000 2022-06-06T13:46:09+0000 http://en.condolegal.com/condolegal/chroniclers/3199-wassim-hamdy During his university studies, Wassim participated in several parliamentary simulations such as those of the European Parliament (SPECQUE) and the Quebec Youth Parliament. These multiple experiences have allowed him to develop listening, analysis and negotiation skills that he puts to good use in the files he is responsible for. With a dual African and North American culture and a good command of French, English and Arabic, Wassim is involved in international projects within the firm. He contributed to a comparative study of laws in the context of a project in North Africa. All these assets put him in a good position to accompany our clients in their African affairs. Young, dynamic and enthusiastic lawyer, Wassim is very much appreciated by his clients as well as by his colleagues for his voluntarism, his quality of listening and his professional thoroughness. <![CDATA[ Volunteer participation of co-owners or occupants in the maintenance of the building]]>

Questions : Can co-owners or occupants of the building be authorized by the board of directors to carry out voluntary work (such as painting the corridors, washing the windows, laying out a small gravel path, etc.), in short, limiting the number of contractors for the maintenance of the building, and this to save several thousand dollars each year? And if this is possible, what are the consequences? When it comes to liability insurance, is this type of risk covered? In terms of occupational health and safety, does this type of activity entail risks for the syndicate? And in the event of an accident, what are the consequences for our volunteers?

]]> 2022-04-20T11:02:00+0000 2022-05-02T12:09:31+0000 http://en.condolegal.com/work/questions-answers/3196- volunteer-participation-maintenance-building Questions : Can co-owners or occupants of the building be authorized by the board of directors to carry out voluntary work (such as painting the corridors, washing the windows, laying out a small gravel path, etc.), in short, limiting the number of contractors for the maintenance of the building, and this to save several thousand dollars each year? And if this is possible, what are the consequences? When it comes to liability insurance, is this type of risk covered? In terms of occupational health and safety, does this type of activity entail risks for the syndicate? And in the event of an accident, what are the consequences for our volunteers? <![CDATA[Duties and obligations ]]> The law does not establish an exhaustive list of the duties and obligations that the members of the board of directors must assume. It is the declaration of co-ownership (constituting act of the co-ownership) and certain articles of the Civil Code of Québec which, for the most part, determine them. Furthermore, the administrators are considered to be agents of the syndicate. Directors must therefore act within the limits of the powers conferred on them by law and by the declaration of co-ownership. As such, they are required to act with care, diligence, honesty, loyalty, efficiency, fairness, and in the interest of the union.

]]> 2022-03-20T19:56:00+0000 2022-03-21T12:13:59+0000 http://en.condolegal.com/syndicate/factsheets/under-sheets/3186-duties-and-obligations The law does not establish an exhaustive list of the duties and obligations that the members of the board of directors must assume. It is the declaration of co-ownership (constituting act of the co-ownership) and certain articles of the Civil Code of Québec which, for the most part, determine them. Furthermore, the administrators are considered to be agents of the syndicate. Directors must therefore act within the limits of the powers conferred on them by law and by the declaration of co-ownership. As such, they are required to act with care, diligence, honesty, loyalty, efficiency, fairness, and in the interest of the union. <![CDATA[Condolegal.com has passed the 35,000-member milestone]]> March 21, 2022 — Condolegal.com has passed the 35,000-member milestone. Founded in 1999 by lawyer emeritus and secretary general of the RGCQ, Yves Joli-Coeur, this website has seen a rapid rise. And for good reason, since its directors and stakeholders have made many efforts, in order to make it both attractive and indispensable.

The beginnings were modest. Yves Joli-Coeur patiently fed this site with legal content. This work required several sleepless nights and an investment of time without counting. But as efforts are often rewarded, Condolegal.com vogue on a notoriety and a growing success.

]]> 2022-03-18T08:47:00+0000 2022-03-28T00:35:56+0000 http://en.condolegal.com/condolegal/news/3184-condolegal-35,000-member-mark March 21, 2022 — Condolegal.com has passed the 35,000-member milestone. Founded in 1999 by lawyer emeritus and secretary general of the RGCQ, Yves Joli-Coeur, this website has seen a rapid rise. And for good reason, since its directors and stakeholders have made many efforts, in order to make it both attractive and indispensable. The beginnings were modest. Yves Joli-Coeur patiently fed this site with legal content. This work required several sleepless nights and an investment of time without counting. But as efforts are often rewarded, Condolegal.com vogue on a notoriety and a growing success. <![CDATA[What You Need to Know About Pre-Acceptance Inspections]]> March 10th 2022 - The pre-acceptance inspection is a critical step in the process of acquiring a new property. A thorough and careful inspection is the best way to protect buyers from any unforeseen issues. In this article, we will tell you everything you need to know about the pre-acceptance inspection of the private portions and common areas of your co-owned property.

http://www.condolegal.com/images/Boutons_encadres/A_retenir.pngLITTLE REMINDER : Let us start by reminding you that in the new co-owned property market, the mandatory guarantee plan administered by Garantie de construction résidentielle (GCR) covers buildings held in divided co-ownership that have no more than four private portions stacked one above the other, as well as detached, semi-detached or row-type single-family houses held in co-ownership. “Condo towers” are not covered by the mandatory guarantee plan.

]]> 2022-03-11T14:24:00+0000 2022-04-06T13:40:15+0000 http://en.condolegal.com/purchase/chronicles/GCR-GCR/3180-pre-acceptance-inspections March 10th 2022 - The pre-acceptance inspection is a critical step in the process of acquiring a new property. A thorough and careful inspection is the best way to protect buyers from any unforeseen issues. In this article, we will tell you everything you need to know about the pre-acceptance inspection of the private portions and common areas of your co-owned property. LITTLE REMINDER : Let us start by reminding you that in the new co-owned property market, the mandatory guarantee plan administered by Garantie de construction résidentielle (GCR) covers buildings held in divided co-ownership that have no more than four private portions stacked one above the other, as well as detached, semi-detached or row-type single-family houses held in co-ownership. “Condo towers” are not covered by the mandatory guarantee plan. <![CDATA[Jean-Pierre Lannoy]]>

For more than 40 years, Jean-Pierre Lannoy has developed all his professional activity through co-ownership in Belgium, France and Quebec. Author of books he has addressed above all the need to develop all useful processes to prevent conflicts in co-ownership. Jean-Pierre Lannoy is a real estate agent and still holds several legal mandates, including that of provisional administrator. He has been a director of many organizations related to the world of real estate, namely the Belgian Association of Trustees and Administrators of Property (ABSA), the Federation of French-speaking Real Estate Agents of Belgium (FEDERIA) and the Center for Real Estate Studies and Training (CEFIM) of which he is the President. The latter is also a trainer with many organizations (CEFIM – FS 323 – EFP IFAPME – HOMEGRADE – CIRE etc.) involved in co-ownership in Belgium. He is also a speaker and editor of numerous articles and books on the challenges of conventional - dysfunctional co-ownership including co-author of the book Les copropriétés en difficultés ; findings and solutions. A member of the Conseil supérieur des indépendants, he focuses almost exclusively on training and the digitalization of training courses dedicated to the world of real estate.
]]> 2022-02-27T03:52:00+0000 2022-04-17T12:18:01+0000 http://en.condolegal.com/condolegal/chroniclers/3173-jean-pierre-lannoy For more than 40 years, Jean-Pierre Lannoy has developed all his professional activity through co-ownership in Belgium, France and Quebec. Author of books he has addressed above all the need to develop all useful processes to prevent conflicts in co-ownership. Jean-Pierre Lannoy is a real estate agent and still holds several legal mandates, including that of provisional administrator. He has been a director of many organizations related to the world of real estate, namely the Belgian Association of Trustees and Administrators of Property (ABSA), the Federation of French-speaking Real Estate Agents of Belgium (FEDERIA) and the Center for Real Estate Studies and Training (CEFIM) of which he is the President. The latter is also a trainer with many organizations (CEFIM – FS 323 – EFP IFAPME – HOMEGRADE – CIRE etc.) involved in co-ownership in Belgium. He is also a speaker and editor of numerous articles and books on the challenges of conventional - dysfunctional co-ownership including co-author of the book Les copropriétés en difficultés ; findings and solutions. A member of the Conseil supérieur des indépendants, he focuses almost exclusively on training and the digitalization of training courses dedicated to the world of real estate. <![CDATA[Time limits for keeping documents in the register]]>

February 22, 2022 - The archives of a co-ownership are a set of documents kept being able to manage the building, prove rights or testify to certain activities. I am sometimes asked for how long documents filed in the co-ownership register should be kept by the syndicate. This is a fair question, since the legislator has given no explicit directions on this subject in the Civil Code.

It could be that its silence means, "You must keep everything, permanently !” As far as I am concerned, I rather lean in that direction.

]]> 2022-02-21T16:28:00+0000 2022-05-05T21:21:09+0000 http://en.condolegal.com/management/chronicles/richard-lecouffe/1847-limit-keeping-document-register February 22, 2022 - The archives of a co-ownership are a set of documents kept being able to manage the building, prove rights or testify to certain activities. I am sometimes asked for how long documents filed in the co-ownership register should be kept by the syndicate. This is a fair question, since the legislator has given no explicit directions on this subject in the Civil Code. It could be that its silence means, "You must keep everything, permanently !” As far as I am concerned, I rather lean in that direction. <![CDATA[Management regulations: what about it?]]> Question: The board of directors wishes to vote on a by-law to limit the number of swimmers at the pool and to prohibit the presence of dogs in the building. Could we implement it immediately? It goes without saying that this by-law will be voted on at our next annual meeting of co-owners.

]]> 2022-02-21T12:49:00+0000 2022-02-27T04:35:16+0000 http://en.condolegal.com/syndicate/questions-answers/3171-management-regulations-what-about-it Question: The board of directors wishes to vote on a by-law to limit the number of swimmers at the pool and to prohibit the presence of dogs in the building. Could we implement it immediately? It goes without saying that this by-law will be voted on at our next annual meeting of co-owners. <![CDATA[Calculation of deadlines for a request to be added to the agenda]]> Question: Article 1088 of the Civil Code of Quebec provides that any co-owner may request the board of directors to include any other matter on the agenda within 5 days of receipt of the notice of meeting of the co-owners.

Are these 5 days working days or just 5 consecutive days?
If I receive the convocation on Friday, is the 5th day Tuesday or Thursday (because Saturday and Sunday do not count).

]]> 2022-02-20T20:16:00+0000 2022-02-27T03:34:43+0000 http://en.condolegal.com/syndicate/questions-answers/3170-calculation-dely-for-a-request-to be-added-to-the-agenda Question: Article 1088 of the Civil Code of Quebec provides that any co-owner may request the board of directors to include any other matter on the agenda within 5 days of receipt of the notice of meeting of the co-owners. Are these 5 days working days or just 5 consecutive days? If I receive the convocation on Friday, is the 5th day Tuesday or Thursday (because Saturday and Sunday do not count). <![CDATA[Olivier Brane]]>

Me Olivier Brane is an honorary lawyer at the Paris Bar and a great specialist in real estate and co-ownership law. Author of books on the Law of co-ownership in France and in Comparative Law of Quebec, he is an expert at the French Institute of Legal Experts I.F.E.J.I, real estate law section. Founder of the information site on energy savings in buildings "www.ecocopro.com", he sits as a director of the association PLANETE COPROPRIETE. Mr. Brane is also a founding member and director of the planet association PLANETE SURELEVATION and the EUROPEAN COUNCIL OF SAFETY. This expert was co-founder of CHALLENGE EXPERTS FORMATION COPROPRIETE IMMO and the Observatoire des Copropriétés Exemplaires Francophones (OBCEF) MONTREAL, BRUSSELS, PARIS. He is co-author with Me Yves Joli-Coeur and Jean-Pierre Lannoy, Judicial expert in co-ownership and syndic (co-ownership manager) provisional and judicial in Brussels of the book Co-ownership in difficulty Constats et Solutions France/Québec/Belgique. He acts as a trainer of the MONITEUR GROUP, FNAIM/ESI, SUPTERTIAIRE, AFAC, FONCIA, CBRE, ESPI, BUSINESS IMMO.
]]> 2022-02-13T21:30:00+0000 2022-02-20T14:17:29+0000 http://en.condolegal.com/condolegal/chroniclers/3168-olivier-brane Me Olivier Brane is an honorary lawyer at the Paris Bar and a great specialist in real estate and co-ownership law. Author of books on the Law of co-ownership in France and in Comparative Law of Quebec, he is an expert at the French Institute of Legal Experts I.F.E.J.I, real estate law section. Founder of the information site on energy savings in buildings "www.ecocopro.com", he sits as a director of the association PLANETE COPROPRIETE. Mr. Brane is also a founding member and director of the planet association PLANETE SURELEVATION and the EUROPEAN COUNCIL OF SAFETY. This expert was co-founder of CHALLENGE EXPERTS FORMATION COPROPRIETE IMMO and the Observatoire des Copropriétés Exemplaires Francophones (OBCEF) MONTREAL, BRUSSELS, PARIS. He is co-author with Me Yves Joli-Coeur and Jean-Pierre Lannoy, Judicial expert in co-ownership and syndic (co-ownership manager) provisional and judicial in Brussels of the book Co-ownership in difficulty Constats et Solutions France/Québec/Belgique. He acts as a trainer of the MONITEUR GROUP, FNAIM/ESI, SUPTERTIAIRE, AFAC, FONCIA, CBRE, ESPI, BUSINESS IMMO. <![CDATA[The good condo manager ]]>

The search for a good condo manager is like the quest for a good wine! Should you try several before finding the right one?

At the risk of having stomach disorders.

Or rather, it is necessary to know before the search for the right nectar the quality criteria that are flexibility, intensity, clarity ...

Well, let's go! Let's do like the tasters and look for the best qualities in French co-ownership manager (syndic), Quebecois co-ownership manager and why not elsewhere? Even in China because there are also Chinese co-ownership facing the same problem of quality research of the manager!

Here are the quality criteria of the syndic of co-ownership as they are seen on the side of France:

]]> 2022-02-13T21:05:00+0000 2022-03-26T09:24:35+0000 http://en.condolegal.com/management/chronicles/Olivier-brane/3167-good-condo-manager The search for a good condo manager is like the quest for a good wine! Should you try several before finding the right one? At the risk of having stomach disorders. Or rather, it is necessary to know before the search for the right nectar the quality criteria that are flexibility, intensity, clarity ... Well, let's go! Let's do like the tasters and look for the best qualities in French co-ownership manager (syndic), Quebecois co-ownership manager and why not elsewhere? Even in China because there are also Chinese co-ownership facing the same problem of quality research of the manager! Here are the quality criteria of the syndic of co-ownership as they are seen on the side of France: <![CDATA[Intimidation and harassment: the Court sanctions co-owners]]> Differences of opinion between the different co-owners and directors of a co-ownership are not uncommon. They can be beneficial if they are done with respect. However, they must not turn into areas of harassment and intimidation. When some abuse their power, by making vexatious remarks, by undermining the credibility and reputation of others, any interested party is entitled to request the intervention of the Tribunal. In a recent Judgment of the Superior Court, the court issued a "protection order" against harassing, threatening or intimidating co-owners in a condominium. It is essentially a civil order to keep the peace, but with the difference that it is addressed only on behalf of specific persons.

]]> 2022-02-01T13:21:00+0000 2022-03-08T16:30:04+0000 http://en.condolegal.com/your-rights/news/3161-intimidation-harassment-court-sanctions-co-owners Differences of opinion between the different co-owners and directors of a co-ownership are not uncommon. They can be beneficial if they are done with respect. However, they must not turn into areas of harassment and intimidation. When some abuse their power, by making vexatious remarks, by undermining the credibility and reputation of others, any interested party is entitled to request the intervention of the Tribunal. In a recent Judgment of the Superior Court, the court issued a "protection order" against harassing, threatening or intimidating co-owners in a condominium. It is essentially a civil order to keep the peace, but with the difference that it is addressed only on behalf of specific persons. <![CDATA[Convening of a meeting at the request of co-owners]]> Question: According to article 352 of the Civil Code of Quebec, the co-owners, if they represent 10% of the votes, may require the directors or the secretary to call an annual or special meeting by specifying, in a written notice, the matters to be dealt with therein. However, our declaration of co-ownership indicates that to request such a convocation, it is necessary to obtain 20% of the votes. Does our declaration of co-ownership take precedence over the provisions of the Civil Code of Quebec?

]]> 2022-01-24T04:03:00+0000 2022-02-27T03:36:17+0000 http://en.condolegal.com/syndicate/questions-answers/3157-convening-meeting-request-co-owners Question: According to article 352 of the Civil Code of Quebec, the co-owners, if they represent 10% of the votes, may require the directors or the secretary to call an annual or special meeting by specifying, in a written notice, the matters to be dealt with therein. However, our declaration of co-ownership indicates that to request such a convocation, it is necessary to obtain 20% of the votes. Does our declaration of co-ownership take precedence over the provisions of the Civil Code of Quebec? <![CDATA[Delays for the offer to purchase]]> The offer to purchase usually indicates a period during which the seller can accept or refuse it. It is essential to attach a period of acceptance and notification to the offer to purchase. This period is equivalent to the period of time during which this offer to purchase will remain valid. The seller can then accept or refuse it. Failing to include this period in the offer to purchase, the Civil Code of Quebec provides that it will lapse on the expiry of a reasonable time. In addition, the offer to purchase may include suspensive conditions for which it will be necessary to determine a deadline for completion. This type of condition makes it possible to suspend the validity of the offer to purchase until the realization of a future and uncertain event that it foresees, for example the obtaining of mortgage financing. These suspensive conditions must provide for sufficient time, so that the promisor buyer has an adequate reaction time before they expire.

]]> 2021-12-31T23:56:00+0000 2022-06-11T02:33:50+0000 http://en.condolegal.com/purchase/factsheets/under-sheets/3151-delays-for-the-offer-to-purchase The offer to purchase usually indicates a period during which the seller can accept or refuse it. It is essential to attach a period of acceptance and notification to the offer to purchase. This period is equivalent to the period of time during which this offer to purchase will remain valid. The seller can then accept or refuse it. Failing to include this period in the offer to purchase, the Civil Code of Quebec provides that it will lapse on the expiry of a reasonable time. In addition, the offer to purchase may include suspensive conditions for which it will be necessary to determine a deadline for completion. This type of condition makes it possible to suspend the validity of the offer to purchase until the realization of a future and uncertain event that it foresees, for example the obtaining of mortgage financing. These suspensive conditions must provide for sufficient time, so that the promisor buyer has an adequate reaction time before they expire. <![CDATA[How to organize a meeting of co-owners smoothly]]> December 27, 2021- The Meeting of co-owners is a major event in the life of a co-ownership. A meeting at least once a year, it is decisive since it allows the making of major decisions that impact the lives and finances of the co-owners. The board of directors' mission is to take care of the convening and holding of the meeting of co-owners but also of the execution of the decisions it votes. Decisions taken have to appear clear and careful planning is required. It is also important to understand the rules that apply to it.

]]> 2021-12-26T16:31:00+0000 2022-03-25T13:01:40+0000 http://en.condolegal.com/your-rights/chronicles/Helene-joli-coeur/3148-organize-a meeting-of-co-owners-smoothly December 27, 2021- The Meeting of co-owners is a major event in the life of a co-ownership. A meeting at least once a year, it is decisive since it allows the making of major decisions that impact the lives and finances of the co-owners. The board of directors' mission is to take care of the convening and holding of the meeting of co-owners but also of the execution of the decisions it votes. Decisions taken have to appear clear and careful planning is required. It is also important to understand the rules that apply to it.