Reply to comment about "Moving? Changes to Quebec co-ownership rules"

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Submitted by David M Wayland on January 10, 2022, at 9:01

Is it stipulated anywhere in the CCQ whether or not an emergency account can be maintained within the General Fund to cover general maintenance and administrative type expenses?
Does a General Fund Surplus belong to the syndicate or must it revert to the co-owners?
I assume a Deficit must be recovered within the next year's budget.
Not to be confused with the need to maintain reserves within the Contingency Fund and cash to cover the deductible within the Insurance Fund.
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