PROPERTY MAINTENANCE REGISTRY
Regular preventative maintenance measures ensure that you and your business are protected from significant hazards and accidents, while maintaining your business and safety goals.
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BILL 16 AT GLANCE
A maintenance logbook protect your property Maintenance Logbook for a Condo. The maintenance logbook is a five-year maintenance task plan presented in the form of a table.
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What impacts will bill 141 and bill 16 will have on condos ?
Bill 141 and divided co-ownership insurance: Contingency fund to protect condos owner with upcoming maintenance to protect all condos owners of a building. This fund will be used to pay the deductibles provided for in the insurance policies taken out by the syndicates and to compensate for damage to property in which the syndicates have an insurable interest, when the contingency fund or an insurance indemnity cannot provide for it.
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