by Genispec | May 23, 2025 | Bill 16, News
Buying a condo without understanding how condo fees work is like buying a car without asking about maintenance. It’s not the purchase price that hurts, it’s everything that follows if you didn’t do your homework. Key takeaways from this condo fees guide Condo fees...
by Genispec | Feb 19, 2025 | Bill 16, 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 | Dec 18, 2024 | Bill 16, News
Adopted in December 2019, Bill 16 introduced major reforms to condominium management in Quebec. The new legislation aimed to tackle issues faced by co-owners and syndicates, emphasizing improved governance, financial planning, and building maintenance. Although...
