{"id":1809,"date":"2020-06-09T17:45:31","date_gmt":"2020-06-09T21:45:31","guid":{"rendered":"https:\/\/www.prevel.ca\/les-regles-de-la-copropriete-divisee\/"},"modified":"2022-10-25T13:41:01","modified_gmt":"2022-10-25T17:41:01","slug":"regles-copropriete-divise","status":"publish","type":"page","link":"https:\/\/www.prevel.ca\/en\/divided-co-ownership-rules","title":{"rendered":"Divided Co-Ownership Rules"},"content":{"rendered":"<div class=\"wp-block-media-text alignfull is-stacked-on-mobile is-vertically-aligned-center alignwide page-top has-background\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"1402\" height=\"1164\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-divise@2x.jpg\" alt=\"\" class=\"wp-image-1013475 size-full\" style=\"--width:1402px\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-divise@2x.jpg 1402w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-divise@2x-300x249.jpg 300w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-divise@2x-1024x850.jpg 1024w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-divise@2x-768x638.jpg 768w\" sizes=\"auto, (max-width: 1402px) 100vw, 1402px\" \/><\/figure><div class=\"wp-block-media-text__content\"> <h1 class=\"small-mobile h2 wp-block-heading\">Divided Co-Ownership Rules<\/h1>    <p class=\"wp-block-paragraph\">Pr\u00e9vel condos are \u201cdivided\u201d co-ownerships\u2014meaning they include:<\/p>    <ul class=\"is-style-arrow wp-block-list\"><li><strong><strong><strong>Private areas<\/strong> <\/strong><\/strong>that are for your exclusive use (i.e. your condo);<\/li><li><strong><strong><strong>Common areas <\/strong><\/strong><\/strong>that belong to all co-owners (hallways, roof, shared patios, sports centre, etc.);<\/li><li><strong><strong><strong>Common areas with restricted use<\/strong> <\/strong><\/strong>(your balcony, storage space, etc.).<\/li><\/ul>    <p class=\"wp-block-paragraph\"><\/p> <\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Managing a co-ownership<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Our condos all start off under the administration of a management company selected by Pr\u00e9vel. This company is in charge of the upkeep of the building and common areas, as well as the administration of all operations. Once co-owners have moved in, you will elect a board of directors made up of co-owners at your first general meeting. This condo association may opt to keep the same management company, replace it with a different one, or manage the condo themselves.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Making decisions<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Condos function like a democracy, where every co-owner has a voice. During a general meeting, you have a right to a vote, which is based on the relative value of your condo. For any decision to be approved, it must meet the quorum: that is, 50% + 1 votes. Decisions that need to be made may include landscaping, renovations, adding a regulation to the declaration of co-ownership, and so on.<\/p>\n\n\n<figure class=\"wp-block-image size-large\" style=\"--ratio:59.0625%\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"567\" src=\"\/wp-content\/uploads\/copropriete.jpg\" alt=\"Les r\u00e8gles de la copropri\u00e9t\u00e9 divis\u00e9e\" class=\"wp-image-1192\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/copropriete.jpg 960w, https:\/\/www.prevel.ca\/wp-content\/uploads\/copropriete-300x177.jpg 300w, https:\/\/www.prevel.ca\/wp-content\/uploads\/copropriete-768x454.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">The declaration of co-ownership<\/h3>\n\n\n\n<h4 class=\"has-black-color has-text-color wp-block-heading\">This is the document that contains all the key regulations that guide co-ownership in your condo and helps avoid conflict. It includes:<\/h4>\n\n\n\n<ul class=\"is-style-arrow wp-block-list\"><li>The constituting act of co-ownership (the relative value of each fraction\/condo and resulting contribution);<\/li><li>The by-laws of the immovable (rules of usage and upkeep of private and common areas as well as payment of condo fees);<\/li><li>Description of the fractions (private and common areas).<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Condo fees<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Condo fees are to be paid monthly by each co-owner. These serve to cover the costs of running the building, including upkeep; electricity, heating, and air conditioning of common areas; administration; managing garbage and recycling; and insurance. Part of the condo fees are also to be put towards a contingency fund. Fees are based on the relative value of each condo, which is outlined in the declaration of co-ownership.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Contingency fund<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As the name implies, a contingency fund is a sum of money set aside to cover any future upkeep or major renovations, such as redoing the roof or windows. The board of directors must create mid- and long-range budget forecasts that accurately reflect the condo\u2019s future needs. Once the budget has been determined, the board then adjusts each co-owner\u2019s annual contribution to the contingency fund.<\/p>\n\n\n<div class=\"block share align flex items-center mt-14 mb-20 md:mb-48\" id=\"block_4bfec1da195f10f51b85c11351a246e9\">\n  <div class=\"text-base text-dark\/70 mr-7\">\n    Share\n  <\/div>\n  <div class=\"text-primary\">\n    <button class=\"mr-4\" data-sharer=\"facebook\" data-url=\"https:\/\/www.prevel.ca\/en\/wp-json\/wp\/v2\/pages\/1809\">\n      <span class=\"inline-block icon icon--facebook\">\n  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"9\" height=\"16\" viewBox=\"0 0 9 16\"><path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M7.69942753,0.00312101745 L5.78034348,0 C3.62457305,0 2.23100977,1.54573591 2.23100977,3.93768368 L2.23100977,5.75349164 L0.301342185,5.75349164 C0.135276856,5.75349164 0,5.89893105 0,6.07932586 L0,8.71034357 C0,8.88990611 0.135276856,9.03617779 0.301342185,9.03617779 L2.23100977,9.03617779 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L16.6829268,11.7735917 C16.8197268,11.7735917 16.9500512,11.7494785 17.073922,11.7099238 L11.5518293,6.49528981 Z\" transform=\"translate(0 .082)\"\/><\/svg>\n<\/span>\n    <\/button>\n  <\/div>    \n<\/div>\n\n<div class=\"wp-block-group buying-astuces has-light-grey-background-color has-background wp-block-group--has-articles-carousel\"><div class=\"wp-block-group__content\"><div class=\"wp-block-group__content__inner\"><div class=\"wp-block-columns are-vertically-aligned-bottom wp-block-columns--count-2\"> <div class=\"wp-block-column is-vertically-aligned-bottom\"> <h2 class=\"wp-block-heading\">More tips<\/h2> <\/div>    <div class=\"wp-block-column is-vertically-aligned-bottom has-tablet-text-align-left has-mobile-text-align-left\"><div class=\"wp-block-buttons has-mobile-text-align-left  justify-end flex items-center mb-8 last:mb-0 flex-wrap\">     <a class=\"button button--underline inline-flex items-center justify-center mr-6 last:mr-0 mb-6 last:mb-0 font-medium text-lg leading-[1.1111] text-dark cursor-pointer group tracking py-[3px] relative after:block after:absolute after:left-0 after:bottom-0 after:w-full after:bg-dark after:h-px after:scale-100 after:origin-right after:transition-transform hover:after:scale-x-0 hover:after:origin-left !inline\" href=\"https:\/\/www.prevel.ca\/en\/buyers-guide\" target=\"\" >   <span class=\"relative z-10\">   Back to tips <\/span>     <\/a>         <\/div> <\/div> <\/div>  <div class=\"block articles-carousel align relative md:px-14 xl:px-0\" id=\"block_923fb8014b6f68013ef88f46b78bc7e7\">       <div class=\"swiper mobile:w-[calc(100%+var(--block-lr-padding))]\">       <div class=\"swiper-wrapper\">                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/buyers-guide\/steps\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/etapes-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/etapes-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/etapes-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1722px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 Purchase steps               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/abcs-co-ownership-life\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-copropriete@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"copropri\u00e9t\u00e9\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-copropriete@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-copropriete@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 The ABCs of Co-Ownership Life               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/budget\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-budget@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 A Project for Every Budget               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/choosing-your-condo\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-condo@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-condo@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-condo@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 Choosing Your Condo               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/benefits-buying-off-plan\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-plan2@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-plan2@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-plan2@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 The Benefits of Buying Off Plan               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/phases-of-construction\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel_guide-achat-construction-header-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"La construction en bref\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel_guide-achat-construction-header-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel_guide-achat-construction-header-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1880px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 The Phases of Construction               <\/h3>              <\/a>           <\/div>                             <div class=\"swiper-slide mobile:!w-[75vw]\">             <a href=\"https:\/\/www.prevel.ca\/en\/choice-of-the-finishes\" class=\"block group\">               <div class=\"overflow-hidden mb-7 articles-carousel__image pt-[75.8333%] relative\">                 <div class=\"absolute top-0 left-0 w-full h-full transition-transform group-hover:scale-105\">                   <img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"546\" src=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-finition@2x-720x546.jpg\" class=\"attachment-related-article size-related-article wp-post-image\" alt=\"\" srcset=\"https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-finition@2x-720x546.jpg 720w, https:\/\/www.prevel.ca\/wp-content\/uploads\/prevel-guide-achat-finition@2x-1120x850.jpg 1120w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" style=\" --width:1402px\" \/>                 <\/div>               <\/div>               <h3 class=\"text-[36px]\">                 The Choice of the Finishes               <\/h3>              <\/a>           <\/div>                        <\/div>     <\/div>     <div class=\"absolute hidden transition-opacity -translate-y-1\/2 cursor-pointer -left-2 opacity-40 hover:opacity-100 xl:-left-[70px] md:block top-1\/2 articles-carousel__prev\">       <span class=\"inline-block icon icon--gallery-prev !block\">   <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"50\" height=\"50\" viewbox=\"0 0 50 50\"><g fill=\"none\" fill-rule=\"evenodd\" transform=\"matrix(-1 0 0 1 50 0)\"><circle cx=\"25\" cy=\"25\" r=\"24.5\" stroke=\"#000\"\/><polygon fill=\"#000\" fill-rule=\"nonzero\" points=\"14 11.678 13.224 10.885 7.554 16.549 7.554 0 6.446 0 6.446 16.549 .77 10.885 0 11.678 7 18.667\" transform=\"rotate(-90 22.667 8.333)\"\/><\/g><\/svg> <\/span>     <\/div>     <div class=\"absolute hidden transition-opacity -translate-y-1\/2 cursor-pointer -right-2 opacity-40 hover:opacity-100 xl:-right-[70px] md:block top-1\/2 articles-carousel__next\">       <span class=\"inline-block icon icon--gallery-next !block\">   <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"50\" height=\"50\" viewbox=\"0 0 50 50\"><defs><clippath id=\"gallery-next-a\"><path d=\"M7.554,0 L7.554,16.549 L13.224,10.885 L14,11.678 L7,18.667 L0,11.678 L0.77,10.885 L6.446,16.549 L6.446,0 L7.554,0 Z\"\/><\/clippath><\/defs><g transform=\"translate(.5 .5)\"><path fill=\"none\" stroke=\"#000\" stroke-miterlimit=\"10\" d=\"M24.5,49 C38.0309764,49 49,38.0309764 49,24.5 C49,10.9690236 38.0309764,0 24.5,0 C10.9690236,0 0,10.9690236 0,24.5 C0,38.0309764 10.9690236,49 24.5,49 Z\"\/><g clip-path=\"url(#gallery-next-a)\" transform=\"rotate(-90 22.167 8.333)\"><polygon points=\"0 0 14 0 14 18.667 0 18.667 0 0\"\/><\/g><\/g><\/svg> <\/span>     <\/div>   <\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Divided Co-Ownership Rules Pr\u00e9vel condos are \u201cdivided\u201d co-ownerships\u2014meaning they include: Private areas that are for your exclusive use (i.e. your condo); Common areas that belong to all co-owners (hallways, roof, shared patios, sports centre, etc.); Common areas with restricted use (your balcony, storage space, etc.). Managing a co-ownership Our condos all start off under the&hellip;<\/p>\n","protected":false},"author":30,"featured_media":1013475,"parent":1817,"menu_order":39,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":2,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"class_list":["post-1809","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Montr\u00e9al divided co-ownership regulations | Pr\u00e9vel<\/title>\n<meta name=\"description\" content=\"Divided co-ownership key regulations to know. 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