Article 1041 sets the relative value of each fraction against all the fractions together, taking into account their nature, destination, dimensions and location, but not their use. It is the default key for allocating common expenses.
The relative value is neither the floor area, the purchase price nor the number of rooms: it is set in the declaration of co-ownership and serves as the basis for calculating each share (art. 1064 CCQ).
The relative values of all fractions add up to 100%. Changing one requires amending the constituting act of co-ownership, an enhanced-majority decision (art. 1097 CCQ).
CondoAide uses each fraction's relative value to allocate common expenses and fund contributions automatically, with no manual calculation.
Manage your co-ownership with confidence
CondoAide helps self-managed Quebec syndicates keep their register, finances and meetings aligned with the Civil Code.