What is a reserve fund study?

What is a reserve fund study?

Have you heard of Bill 16 for condominiums in Quebec? The concept of condominiums in Quebec has existed for 52 years. The first legislative bill that governed collective housing was drafted in 1969. Since then, there have been no changes until the adoption of Bill 16...
The Building Maintenance Handbook and Law 16

The Building Maintenance Handbook and Law 16

It’s 2022, have you created Quebec’s mandatory asset management plan? In January 2020, Bill 16 was adopted to regulate building inspection and co-ownerships in Quebec with the hopes of creating more transparency between board directors, condo developers and condo...
Commercial and Industrial Building Inspection

Commercial and Industrial Building Inspection

Commercial and Industrial Building Inspection, Why Is it Important? As the owner of a commercial and industrial building, the safety of the people who use your building is surely your priority. According to the Régie du bâtiment du Québec (RBQ), it is, in fact, your...
The purpose of Reserve Fund Study

The purpose of Reserve Fund Study

What is the purpose of the reserve fund study required by Bill 16? According to certain provisions of Bill 16 which came into effect January 10, 2020, all syndicates of co-owners (boards of directors for condominium associations) are obliged to conduct a reserve fund...
Building Condition Report

Building Condition Report

Building Condition Report What is a Building Condition Report? The building condition report is a document that enumerates the many deficiencies of the common parts of a building, whether it is commercial, industrial or a condominium. This report helps to determine...