Article 1064.1 requires each co-owner to take out insurance covering their liability toward third persons, the minimum amount of which is set by government regulation.
This obligation falls on the co-owner personally; it is distinct from the insurance on the immovable that the syndicate must carry (art. 1073 CCQ). The two policies complement each other.
This regime comes from Bill 141 (2018): it should not be confused with the syndicate's insurance or with the self-insurance fund (art. 1071.1 CCQ).
CondoAide can keep in the register the proofs of insurance co-owners provide, helping the board track who has supplied theirs. The choice and extent of coverage rest with the co-owner and their insurer.
Manage your co-ownership with confidence
CondoAide helps self-managed Quebec syndicates keep their register, finances and meetings aligned with the Civil Code.