SPE Valeur Assurable is an accredited supplier member of the ASCQ (Association des Syndicats de copropriétés du Québec), CondoMarketing (Fédération des Copropriétaires du Québec) and the RGCQ (Regroupement des gestionnaires de copropriétés du Québec).
SECTION OF ACT 1073
The syndicate has an insurable interest in the whole building, including the units. He must take out insurance against ordinary risks such as fire and theft, covering the entire building, excluding improvements by its owner party. The amount of the said insurance is the replacement value of the building.
He must also take out insurance covering his responsibility towards third parties.