The Co-ownership Management Blog

Bill 141: The Impacts on Co-Ownership Management

How do the new laws on co-ownership insurance affect you?

Bill 141 has been quite the talking point lately! Here are the answers to some of your questions…

Co-ownership syndicates have recently had to adapt to new regulations that are not in their favour regarding co-ownership insurance. In fact, henceforth, they must set up a self-insurance fund to cover insurance deductibles. This fund must be liquid and available at short notice.

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