The rental is said to be short-term for any rental of less than 31 consecutive days. In this case, your activity can be considered as a commercial activity and you must follow certain rules. More information is available on the Revenu Québec website. In addition, you must verify that you respect your declaration of co-ownership as well as the zoning of the city before making short-term rentals.
In addition, I would like to remind you of article 1065 of the Civil Code of Quebec which reads as follows:
1065.A person who acquires a fraction, by whatever means, including the exercise of a hypothecary right, shall notify the syndicate within 15 days.A co-owner who leases his private portion shall, within the same time, notify the syndicate. The co-owner shall give the name of the lessee, the term of the lease and the date on which he gave the lessee a copy of the by-laws of the immovable. The same applies, with the necessary modifications, where the private portion is otherwise occupied.
Please fill in or have the tenant register filled out in order to meet your obligation. In addition, your declaration of co-ownership stipulates that you must inform your tenants of the regulations in force in your co-ownership. Several declarations require that the reception of the building regulations by the tenants be the subject of a written commitment.
As a co-owner, even if you rent your condo, it is important that you keep an insurance policy covering your civil liability and your leasehold improvements. It is the responsibility of the co-owner to educate his tenants to insure himself for his movable property as well as his civil liability.
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