Bill 16 was created to preserve the integrity of condominiums in the long term and protect condo owners. In 2023, the provision regarding the execution of reserve fund studies is expected to be put into effect. This means that from the date of implementation of this provision, any new condominiums will need to carry out reserve fund studies immediately whilst condominiums previously established will have three years to carry one out. This information is subject to change, therefore it is important for all condominium owners to keep an eye out for the implementation of this provision and what it entails. Our experts are happy to answer any and all questions you may have regarding Bill 16.
Complimentary to the reserve fund study, a building maintenance handbook will also be required. The building maintenance handbook contains information on the condominium, the current syndicate as well as the management company will all be indicated in the building maintenance handbook for your condominium.
Genispec is available for any reserve fund study requests. Excellence, reliability and passion are at the core of what we do!
Why contact the building engineer experts at Genispec for your Reserve Fund Study?
Prevention and precaution are both at the forefront of any reserve fund study. Genispec has a team of engineers, members of the Ordre des ingénieurs du Québec, who ensure interventions are made according to the regulations in force and in compliance with the provisions of the Civil Code of Quebec.
We cater to the Montreal metropolitan community, including Hampstead, Saint-Laurent, Mont Royal, Laval, Longueuil, Brossard, the West Island, Kirkland, and more. Our mission is to inspect your building and provide you with an estimate of the probable costs associated with the management of the deficiencies observed. Our team will recommend the best possible building maintenance program that takes into account the configuration of your residence while specifying the allotted time needed.
If you have any questions or require additional information, the Genispec team will be pleased to answer your request as soon as possible.