What does each unit pay for the special assessment?
The roof has to be redone and the contingency fund won't cover it. Enter the amount and each unit's share: you see what every unit pays, instalment by instalment.
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What the Civil Code says
The board decides, after consulting the meeting
The Civil Code calls a special assessment a special contribution to the common expenses. The board of directors must consult the general meeting of co-owners before deciding on one (art. 1072.1 C.C.Q.).
It is split according to the shares
Each co-owner contributes in proportion to the relative value of their fraction. For major repairs to, and replacement of, a common portion for restricted use, the declaration may provide a different split (art. 1064 C.C.Q.).
An improvement is voted at the meeting
Work of alteration, enlargement or improvement, and how its cost is shared, is decided by three quarters of the votes of the co-owners present or represented (art. 1097 C.C.Q.).
This tool informs, it does not replace legal advice.
The vote, notifying co-owners, paying in instalments and what happens when someone pays late: the special assessment guide
A special assessment often comes when the contingency fund has fallen behind. Estimate what your building should be putting aside
In Kohabit, the budget's assessments are calculated on the same shares, and the general meeting the board has to consult is called and held in the same place. See how
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