Building Maintenance Handbook for Condominiums<\/a><\/p>\n Condo status certificate<\/a><\/p>\n Rope access services<\/a><\/p>\n <\/p>\n[\/et_pb_accordion_item][et_pb_accordion_item title=”INSPECTION” _builder_version=”4.24.3″ global_colors_info=”{}” open=”off”]\n Facade Inspection<\/a><\/p>\n Underground Parking Inspection<\/a><\/p>\n Commercial, industrial and residential building inspection<\/a><\/p>\n Pre-reception inspection of common areas<\/a><\/p>\n Roof Inspection<\/a><\/p>\n Foundation Inspection<\/a><\/p>\n Condominium Building Condition Certificate<\/a><\/p>\n[\/et_pb_accordion_item][et_pb_accordion_item title=”ENGINEERING” _builder_version=”4.24.3″ global_colors_info=”{}” open=”off”]\n Construction plans and specifications<\/a><\/p>\n Onsite supervision and construction project management<\/a><\/p>\n[\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”4.24.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.24.3″ _module_preset=”default” global_colors_info=”{}”]\n Since August 14, 2025, all divided co-ownerships (condominiums) in Quebec must comply with Law 16<\/a>. The law requires:<\/p>\n Condo syndicates have until August 14, 2028<\/strong>, to be fully compliant.<\/p>\n Reserve fund studies conducted between August 14, 2023, and August 14, 2025, by an authorized professional remain valid but must be updated no later than 5 years after their completion.<\/p>\n[\/et_pb_text][et_pb_button button_url=”https:\/\/genispec.com\/en\/contact\/” button_text=”Get a free quote” button_alignment=”center” _builder_version=”4.24.3″ _module_preset=”default” custom_button=”on” button_text_size=”16px” button_text_color=”#FFFFFF” button_bg_color=”#036f8c” button_border_width=”0px” button_border_radius=”2px” button_on_hover=”off” box_shadow_style=”preset2″ global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.24.3″ _module_preset=”default” custom_padding=”5px|||||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.24.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.24.3″ _module_preset=”default” custom_margin=”||10px|||” global_colors_info=”{}”]\n A reserve fund study is an essential document to ensure the long-term sustainability of a condominium. It provides a detailed analysis of the building\u2019s condition<\/strong>, evaluating its components, their remaining lifespan, and the necessary repair or replacement work over a minimum period of 25 years.<\/p>\n Since the implementation of Law 16, only studies carried out by an authorized professional are valid<\/strong>.<\/p>\n The study is based on a valid maintenance logbook<\/a>, which lists all the building\u2019s components and their required upkeep<\/strong>. It allows the annual contributions to the reserve fund to be calculated according to the professional\u2019s recommendations, ensuring that the syndicate has the necessary funds for future work and remains compliant with the law.<\/p>\n Law 16 amends Article 1071 of the Civil Code of Quebec. It makes the reserve fund study mandatory to ensure that the fund contains sufficient amounts for major repairs or replacements of the building.<\/p>\n The contribution rate is no longer automatically set at 5% of common expenses<\/strong>: it must now be determined according to the study\u2019s recommendations, based on the building\u2019s actual condition and a 25-year planning horizon.<\/p>\n A syndicate that fails to comply with these requirements faces real risks: unexpected special assessments, disputes among co-owners, delays in unit sales, or even a loss of property value.<\/p>\n[\/et_pb_text][et_pb_button button_url=”https:\/\/genispec.com\/en\/contact\/” button_text=”Get a free quote” button_alignment=”center” _builder_version=”4.24.3″ _module_preset=”default” custom_button=”on” button_text_size=”16px” button_text_color=”#FFFFFF” button_bg_color=”#036f8c” button_border_width=”0px” button_border_radius=”2px” button_on_hover=”off” box_shadow_style=”preset2″ global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.24.3″ _module_preset=”default” global_colors_info=”{}”]\n Since August 14, 2025, Law 16 requires that every reserve fund study be based on a valid maintenance logbook<\/strong>.<\/p>\n This means the first step is to establish or update this logbook, prepared by an authorized professional (engineer, architect, professional technologist, chartered appraiser, or qualified CPA).<\/p>\n Once the logbook is complete, the reserve fund study can be carried out in the following steps<\/strong>:<\/p>\n This process ensures that the study complies with Law 16 regulations and accurately reflects the building\u2019s real needs.<\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/genispec.com\/wp-content\/uploads\/2025\/08\/compliance-roadmap.png” alt=”compliance roadmap” title_text=”compliance roadmap” _builder_version=”4.24.3″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_button button_url=”https:\/\/genispec.com\/en\/contact\/” button_text=”Get a free quote” button_alignment=”center” _builder_version=”4.24.3″ _module_preset=”default” custom_button=”on” button_text_size=”16px” button_text_color=”#FFFFFF” button_bg_color=”#036f8c” button_border_width=”0px” button_border_radius=”2px” button_on_hover=”off” box_shadow_style=”preset2″ global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.24.3″ _module_preset=”default” custom_margin=”||18px|||” global_colors_info=”{}”]\n If the reserve fund shows a deficit, the recovery plan must follow the study\u2019s recommendations. There is no longer a universal 10-year deadline; each plan must be adapted to the specific situation of the condominium.<\/p>\n Our study covers all the elements required by Law 16 regulations<\/strong> to ensure legal compliance and the sustainability of the fund. It includes:<\/p>\n This approach provides the condo syndicate with a clear, legally compliant roadmap to anticipate future work and fairly distribute costs while protecting the building\u2019s value.<\/p>\n The price depends on the building\u2019s size, complexity, age, type of co-ownership, and requested timeline.<\/strong><\/p>\n It\u2019s impossible to provide a standard rate without reviewing the building, which is why Genispec offers a free, no-obligation quote<\/a>. Contact us today to get a personalized estimate and ensure your condo meets the legal deadlines.<\/p>\n\n
What is a reserve fund study?<\/h2>\n
Why is it mandatory?<\/h2>\n
Benefits for your condominium<\/span><\/h2>\n
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How is the study conducted?<\/h2>\n
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Benefits for your condominium<\/span><\/h2>\n
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Deadlines and compliance<\/h2>\n
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What\u2019s included in our reserve fund study?<\/h2>\n
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How much does a reserve fund study cost?<\/h2>\n
Why choose Genispec for your reserve fund study?<\/h2>\n