Page 24 - newsflash 1120

ד״סב

When a building is being
divided into condos:
• The residential building
insurance becomes
invalid. There must be a
condo corporation type
Insurance, (Syndicate of
co-ownership).
• The syndicate corporation
must be registered, and
maintained, in the REQ.
• The condo corporation
needs to follow certain
legal requirements,
specified in the law
pretaining to divided co-
ownerships (Bill 141).

Ben Schwartz
Damage Insurance Broker
514.722.3501 Ext 615 | 514.943.4061
bschwartz@racinechamberland.com
Mayer Schwartz
Damage Insurance Broker
514.722. 3501 Ext 626 | 514.746.4061
mschwartz@racinechamberland.com
Ezriel Gross
Administrative coordinator
514. 722. 3501 Ext 560 | 438. 389.1916
egross@racinechamberland.com
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