RSS condolegal 2021-01-17T06:56:58+0000 Zend_Feed_Writer http://en.condolegal.com/ condolegal contact@condolegal.com http://www.condolegal.com <![CDATA[Who votes a condominium budget?]]> At our last Annual General Meeting, the Board of Directors presented the estimated budget for the coming year. This budget provided for a substantial increase of the common expenses, as significant work was to be carried out during the year to upgrade the elevator. Many co-owners did not agree with this decision, but the budget was passed anyway! I really had the impression that during this meeting, the will of a majority of co-owners was not taken into consideration.

Question: What is the power of the co-owners meeting with respect to the vote on the budget? Can it vote against an increase in common charges?

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2020-03-02T20:00:00+0000 2020-06-07T14:30:30+0000 http://en.condolegal.com/management/questions-answers/613-Who-votes-condominium's-budget At our last Annual General Meeting, the Board of Directors presented the estimated budget for the coming year. This budget provided for a substantial increase of the common expenses, as significant work was to be carried out during the year to upgrade the elevator. Many co-owners did not agree with this decision, but the budget was passed anyway! I really had the impression that during this meeting, the will of a majority of co-owners was not taken into consideration. Question: What is the power of the co-owners meeting with respect to the vote on the budget? Can it vote against an increase in common charges?
<![CDATA[Financial statements accounting audit]]>

Question: We would like to know if the law requires having our syndicate’s financial statements audited by an accountant.

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2010-03-02T04:17:36+0000 2018-01-20T01:05:51+0000 http://en.condolegal.com/management/questions-answers/605-financial-statements-accounting-audit Question: We would like to know if the law requires having our syndicate’s financial statements audited by an accountant.
<![CDATA[Notice of assessment (common expenses)]]>

Three months ago, we were called to the annual general meeting of co-owners during which co-owners were consulted on the budget forecast. However since the AGM, we have not received a notice from the Board detailing the amount of our contribution to our co-ownership’s operating budget.

Questions: Isn’t the syndicate required to send a notice of assessment for common expenses? If so, what should it provide?

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2010-03-02T03:27:15+0000 2021-01-13T16:14:58+0000 http://en.condolegal.com/management/questions-answers/602-notice-of-assessment-common-expenses Three months ago, we were called to the annual general meeting of co-owners during which co-owners were consulted on the budget forecast. However since the AGM, we have not received a notice from the Board detailing the amount of our contribution to our co-ownership’s operating budget. Questions: Isn’t the syndicate required to send a notice of assessment for common expenses? If so, what should it provide?
<![CDATA[I cannot access the register when I want it!]]> I must quickly consult some documents in the register and records of my co-ownership, including the plans of the immovable. I need to respond to a contractor from whom I asked for a quote for work in my apartment. Well there it is, the directors refuse to give me access before Monday at 2 PM. And, to add insult to injury, they want to collect $ 30, in addition to the cost of photocopies!

Question: Do they have the right to impose these access limitations to the register and to collect a fee? After all, these documents are the property of all co-owners, including me.

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2010-03-02T01:30:55+0000 2020-06-07T09:33:07+0000 http://en.condolegal.com/management/questions-answers/587-no-access-to-the-register I must quickly consult some documents in the register and records of my co-ownership, including the plans of the immovable. I need to respond to a contractor from whom I asked for a quote for work in my apartment. Well there it is, the directors refuse to give me access before Monday at 2 PM. And, to add insult to injury, they want to collect $ 30, in addition to the cost of photocopies! Question: Do they have the right to impose these access limitations to the register and to collect a fee? After all, these documents are the property of all co-owners, including me.