by Genispec | Feb 19, 2025 | News
Since Bill 16 came into effect in Quebec, deciding how much money to set aside for a condo’s reserve fund has become a big concern for co-owners. In the past, Article 1071 of the Civil Code of Québec required condo corporations to contribute a minimum of 5% of their...
by Genispec | Jan 29, 2025 | News
Your building is much more than a structure; it is a valuable investment and a safe place to live. Since the enactment of Bill 122 in Quebec in 2017, ensuring the solidity of your facade has never been more important. At Genispec, we have developed a four-step method...
by Genispec | Dec 18, 2024 | News
Update | August 2025: Bill 16 takes effect starting August 14, 2025. Read our full article to learn what it means and how it may affect your condo board. Adopted in December 2019, Bill 16 introduced major reforms to condominium management in Quebec. The new...
by Genispec | Nov 15, 2024 | News
According to the Société Québécoise Des Infrastructures (SQI), a little over 40% of their 374 real estate assets, including underground parking facilities, required major repairs. This high percentage is explained by Quebec’s challenging climatic conditions. As a...
by Genispec | Oct 29, 2024 | News
Many real estate investors report that undetected structural defects during the initial purchase of their commercial building have negatively impacted their rental income. Indeed, commercial buildings that are not inspected or poorly managed can lead to unexpected...
