Comments on: What Undivided Co-ownership means

By: Deya Bautista

Deya Bautista — Wed, 06 Jul 2011 18:05:31 +0000

Mark,
You could do the undivision (for Co-ops) if the units are empty, but "Dividing" them into CONDOs, I don't think it will be possible since the city is not issuing any permits for that any longer. Or at least, the last time I checked. Again, check with your municipality for the regulations concerning condo division in your area. Co-ops are still a great idea.

By: MARK

MARK — Fri, 01 Jul 2011 19:58:46 +0000

Hello,

I have purchased a duplex in sud-ouest montreal. There have been no tenant on the first level for over 10 years, and i occupy the top level. I would like to know if i can devide my property and convert the two spaces into conods and re-sell the bottom level seperately. Is this possible?

By: immobilier

immobilier — Sat, 27 Nov 2010 17:32:25 +0000

is it really possible? i need it but i don't know?!

By: Deya

Deya — Thu, 12 Nov 2009 15:15:04 +0000

Taylor,
You'd have to speak to a notary about this. Then you may change the document that dictates the shares and common expenses.

By: Taylor

Taylor — Wed, 23 Sep 2009 23:56:38 +0000

Greetings,

I have a question. I currently live in a co-property in Montreal. I "own" the second floor and another family "owns" the first (ground) floor with a finished basement. They also have exclusive rights to the back and front yard (including the only parking spot). At present our co-ownership is based on a 45/55 split. I am wondering what if anything I can do to investigate and ideally change this ratio. Based on the property shared, I do not feel like I own 45 percent and am curious to find out how ownership ratios are determined in co-properties.

Also, if anyone has any idea as to what constitutes common expenses and how expenses are shared, I would be most appreciative.

Many thanks!

By: Deya

Deya — Wed, 27 May 2009 19:49:01 +0000

Jean, that\\'s a question for your notary. Make sure to ask him that

By: jean

jean — Mon, 11 May 2009 16:59:02 +0000

Hi,
I'm writing as a guest to this forum. I am in the process of buying an undivided co-ownership lower duplex in montreal and have received a copy from the seller of the current co-ownership agreement. It has the sellers name on it and the name of the previous owner of the upper half of the duplex. Does a new agreement have to be drawn up by a notary for myself and the owner of the upper or is the current agreement transferable as the cadastre numbers are unchanged? Any help or advice you could offer would really be appreciated. thanks,