Article 1072.1 governs the special assessment: a one-time contribution the syndicate may levy, on top of the annual common expenses, to fund an unforeseen expense or a specific project (major work, topping up a fund).
A special assessment is levied on top of the adopted budget and is, in principle, allocated by the relative value of the fractions, like the common expenses.
A decision and a notice to the co-owners are required; a clear trail of the adoption and the notice is valuable if the levy is challenged.
In CondoAide, a special assessment is created as a separate call with its own allocation key and payment schedule - no parallel bookkeeping.
Manage your co-ownership with confidence
CondoAide helps self-managed Quebec syndicates keep their register, finances and meetings aligned with the Civil Code.