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CCQ, r. 4.1 - Regulation to establish various measures in matters of divided co-ownership insurance
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Versions de la disposition
1. The minimum amount of the liability insurance that, under article 1064.1 of the Civil Code, each co-owner of an immovable held in divided co-ownership must take out is $1,000,000 if the immovable has fewer than 13 fractions used or that may be used as dwellings or to operate an enterprise, and $2,000,000 if it has 13 or more fractions.
In force: 2020-04-30
1. The minimum amount of the liability insurance that, under article 1064.1 of the Civil Code, each co-owner of an immovable held in divided co-ownership must take out is $1,000,000 if the immovable has fewer than 13 fractions used or that may be used as dwellings or to operate an enterprise, and $2,000,000 if it has 13 or more fractions.
