First, take a look at the Frequently Asked Questions:
What does a trustee do
A trustee manages the common parts of a VME (association of co-owners) at the administrative, legal, technical and accounting levels. He is appointed by the General Assembly and
Provides maintenance, permits, representation and financial administration.
What is a trustee
A trustee, elected by the General Assembly, manages the common parts of a VME. He acts on several fronts: administrative, legal, technical and accounting. He
Represents the VME, maintains the building, organizes renovations and manages finances.
When is a trustee required
A trustee is always required for co-ownership with at least two co-owners. The law makes no distinction between a professional or non-professional (voluntary) trustee, but a trustee must be
always be there.
When is a trustee not required
A trustee is not required when there is no co-ownership, that is, when there is only one owner. However, with at least two co-owners, a trustee is always required, regardless of whether they are
professional or voluntary.
What does a trustee cost (which is why there shouldn't necessarily be a price in there)
Costs vary depending on factors such as the size of the building and the number of lots. The larger the building, the lower the price per lot. Additional services outside the standard range of duties may
additional costs.
How to become a trustee
You can become a professional trustee by working at a trustee's office as a clerk under the supervision of a licensed IPO holder. Get the syndicate diploma through VIVO, a bachelor's degree in Real Estate or other
professions such as lawyer. As a non-professional trustee, you must be a co-owner and have liability insurance. A professional trustee with IPI number is always insured.
Who may be trustee
To become a trustee, you must be a licensed real estate agent with a IPI number, a lawyer or a co-owner of the VME to be managed. Appointment is usually through a General Assembly. Care
for liability insurance, preferably covered by the VME.
When is a trustee needed
A trustee is required for co-ownership with at least two co-owners. The trustee manages the common parts of the VME (association of co-owners) on administrative, legal, technical and
accounting field, and is necessary for efficient and well-organized management.
can you declare a trustee in default or dismiss a trustee
A trustee may be dismissed at any time at a General Meeting without justification. In the absence of confidence, an extraordinary meeting may be called. If the trustee does not
responds, co-owners can organize their own meeting or ask the justice of the peace to appoint a new trustee.
