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Small co-ownerships

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Petites copropriétés

Although small condominiums account for an overwhelming majority of the condominium housing stock—it's estimated that over 90% of condominium buildings in Quebec have fewer than 21 units—very few resources are specifically dedicated to them, and existing legislation and regulations do not take their realities into account.

These findings, however, are not surprising, as very few specialists and professionals focus on these small condominiums.

But those who choose to give them attention have the full support of the RGCQ! That's why we actively participated in a study conducted by two researchers from ESG-UQAM on the governance of small condominiums. Feel free to browse this page to learn more about this fascinating research and its conclusions.

Take advantage of the resources we’ve made available to you now.

A Snapshot of Small Condominiums at the RGCQ

The Governance of Small Condominiums

(In French with subtitles available)

The very first international study on the governance of small divided condominiums was conducted right here in Quebec by researchers from the School of Management at the University of Quebec in Montreal (ESG-UQAM) — made possible with the participation of RGCQ members.

The survey data collected from 325 owners of small divided condominiums, all members of the RGCQ, address a crucial question that impacts their daily lives:

DOES THE APPLICATION OF THE CURRENT GOVERNANCE MODEL FOR CONDOMINIUMS POSE A GREATER PERSONAL AND FINANCIAL RISK FOR OWNERS OF SMALL CONDOMINIUMS?

Without a doubt: "YES!"

The study by Renault and Coulombe demonstrates that it’s not the architectural features or disparities between units that make an acquisition more or less risky; it’s the competence of the board of directors, which ultimately depends on the integrity and ethics of its members.

The findings are clear: only the governance of the board of directors influences the problems and risks faced by the condominium.

These issues align with the key responsibilities of a condominium board, namely:

  • The conservation and preservation of the building;
  • Ensuring compliance with the declaration of co-ownership;
  • Maintaining a good quality of life within the condominium.

Explore the Study... and Much More!

This study was published in Condoliaison, the reference publication on condominiums in Quebec.

You can browse the full report using the interactive document here →

Read the Researcher Profiles to learn more about Micheline Renaud, MBA, CPA, and Patrick Coulombe, Ph.D., the authors of this study.

Discover many other fascinating articles in previous issues of Condoliaison!

Discover the Magazine

Explore our Resources

Activities and Training Sessions

  • Explore All Our Activities and Training Programs

    In-Person or Online

  • The Governance of Small Condominiums

    October 12 2023

    Webinar

    Available for On-Demand Viewing (in French only for now)

  • Small Condominiums: Management and Specificities

    November 17 2022

    Webinar

    Available for On-Demand Viewing

  • Small Condominiums – Unique Challenges

    20 octobre 2020

    Symposium

    Available for On-Demand Viewing (French only)

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