Reply to comment about "Moving? Changes to Quebec co-ownership rules"
Note
Please consult the “Comments and interaction” section on the Canada.ca Terms and conditions page before adding your comment. The Language Portal of Canada reviews comments before they’re posted. We reserve the right to edit, refuse or remove any question or comment that violates these commenting guidelines.
By submitting a comment, you permanently waive your moral rights, which means that you give the Government of Canada permission to use, reproduce, edit and share your comment royalty-free, in whole or in part, in any manner it chooses. You also confirm that nothing in your comment infringes third party rights (for example, the use of a text from a third party without his or her permission).
Is it stipulated anywhere in
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.