A potential buyer, Mr. Dubois, is interested in purchasing a condominium unit in a divided co-ownership in Laval. He asks his real estate broker, Ms. Tremblay, about the common expenses and how they are determined. What document should Ms. Tremblay advise Mr. Dubois to review to understand the allocation of common expenses?

Question: A potential buyer, Mr. Dubois, is interested in purchasing a condominium unit in a divided co-ownership in Laval. He asks his real estate broker, Ms. Tremblay, about the common expenses and how they are determined. What document should Ms. Tremblay advise Mr. Dubois to review to understand the allocation of common expenses?

Answer options: ✅ The Declaration of Co-ownership, specifically its constituting act.

• The cadastral plan for the entire co-ownership.
• The financial statements of the syndicate for the previous year.
• The minutes of the last general meeting of co-owners.

Correct answer: The Declaration of Co-ownership, specifically its constituting act.

Explanation: The Declaration of Co-ownership, particularly its constituting act, establishes the relative value of each fraction and the method for determining the share of common expenses, as per Article 1053 of the Civil Code of Québec.