September 24, 2024 Planibâtimat 41 times
Condominium living is becoming increasingly popular in the heart of Quebec. Yesterday, the suburban house reigned supreme; today, shared apartments are all the rage.
Buying a condo means becoming part of a condominium association. You are both the owner of your unit and a partner in a larger entity: the building, its infrastructure, and the land, according to your share as defined in the declaration of co-ownership. This declaration also mandates a contribution to the upkeep of the premises. To ensure the smooth operation of the condominium, administrators are elected from among the co-owners....