Guide
Condominium syndicate obligations in Québec
Updated: October 2026
General information. Not a substitute for legal advice.
Contingency fund and study (Bill 16)
- The contingency fund pays for major, non-recurring repairs to common portions: roof, elevators, foundations.
- It is funded by the owners’ monthly contributions.
- The fund study is carried out by a qualified, independent person.
- It is updated at least every 5 years and covers expected expenses over 25 years.
- Results are shared with owners and included in the annual general meeting documents.
- In force since August 14, 2025. Buildings have 3 years to comply.
Maintenance log
- It lists the building’s equipment and systems: heating, plumbing, ventilation, elevators.
- It records inspection, maintenance and repair dates.
- It is used to plan upcoming work.
- It must be kept up to date and remain accessible.
Self-insurance fund (Bill 141)
- It covers deductibles and losses not covered by insurance.
- Target: the highest deductible among the syndicate’s policies, excluding earthquake and flood.
- It is kept in an account separate from the contingency fund and the operating account.
- Mandatory since April 2021.
Reconstruction cost appraisal (Bill 141)
- Carried out by a chartered appraiser.
- Renewed every 5 years.
- Mandatory since April 2021.
- It prevents the building from being under-insured.
Description of private portions (reference unit, Bill 141)
- It describes each unit’s components: floors, cabinets, counters, walls, ceilings, doors, windows.
- It sets the insurance limits between the syndicate and the owners.
Insurance
- Every owner must hold civil liability insurance.
- At least $1M for buildings with fewer than 13 units.
- At least $2M for buildings with 13 units or more.
- Requirement in force since October 2020.
- Directors and officers must be covered by liability insurance.