Annual General Meeting: A Guide to Success
04/03/2026Choosing the right manager for your divided co-ownership is an important decision that will have a direct impact on the value of your building, residents’ quality of life and the financial health of your syndicate. In Quebec, an estimated 600 000 households live in divided co-ownership — and most call on a condominium manager at some point. Here is a complete guide to help you make the right choice.
1. Assess your actual needs
Before contacting managers, ask yourself these questions:
- Do you only need financial management? If your syndicate is running well but the accounting is a headache, a financial package may be enough.
- Are annual general meetings a nightmare? If so, a package that includes administrative management will save you many headaches. Consult our complete guide to AGMs.
- Is building maintenance taking up all your time? Full management includes coordinating work, preventive maintenance and handling emergencies.
- Are you compliant with Bill 16? If your syndicate has not yet completed a contingency fund study or put a maintenance logbook in place, a professional condominium manager can support you.
2. Compare prices — but watch out for surprises
Condominium management fees in Montreal vary considerably:
| Range | Price/unit/month | Typical profile |
|---|---|---|
| Entry-level | 10$ to 20$ | Financial management, technology |
| Mid-range | 25$ to 35$ | Financial + administrative management |
| High-end | 40$ to 60$ | Full management, large buildings |
Be careful: some managers advertise a low base price but add extra fees for each service (sending mail, preparing minutes, a phone call). Always ask for a complete breakdown of what is included. See our transparent rates.
3. Check experience and references
Here are a few essential questions to ask:
- How long have you been managing divided co-ownerships?
- How many buildings do you currently manage?
- Can you provide the contact information for 2-3 client syndicates?
- Do you have experience with buildings of a similar size to ours?
- Are you a member of a professional association (e.g., RGCQ)?
4. Assess the technology offered
In 2026, a modern manager should offer:
- An online portal for co-owners (statements, documents, communications)
- Automated collection of common expenses (no more cheques!)
- Virtual meetings with online voting
- Registered mail for official communications
- Financial reports accessible in real time
- A digital maintenance logbook compliant with Bill 16
Technology is not a luxury — it is what makes it possible to reduce costs while improving service.
5. Understand the contract
Important points to check in the contract:
- Term: be wary of contracts longer than 2 years
- Termination clause: what notice is required?
- Included services vs. extras: everything must be clearly defined
- Annual indexation: does the price increase automatically?
- Data ownership: who keeps the documents if you change managers?
6. Meet the manager in person
A call or meeting will tell you a great deal:
- Do they listen to your concerns?
- Do they explain their services clearly?
- Do they seem organized and professional?
- Who will be your main contact? (Be wary of large firms where you never speak to the same person)
7. Warning signs to watch for
- ❌ No references available
- ❌ Suspiciously low price with no breakdown of services
- ❌ Rigid contract with high termination penalties
- ❌ No online portal or technology tools
- ❌ Difficult communication from the first contact
- ❌ No mention of compliance with Bill 16
Checklist: 10 criteria for choosing
| Criterion | Verified? |
|---|---|
| Transparent, detailed pricing | ☐ |
| Verifiable references | ☐ |
| Online co-owner portal | ☐ |
| Automated collection of common expenses | ☐ |
| Virtual meetings available | ☐ |
| Contract of no more than one year | ☐ |
| Bill 16 support | ☐ |
| Dedicated manager (not a call centre) | ☐ |
| Digital maintenance logbook | ☐ |
| Real-time financial reports | ☐ |
In summary
The best manager for your divided co-ownership is one that combines transparent pricing, modern technology, local experience and personal service. Take the time to compare at least 3 quotes before making your decision.
At multiRent, we offer professional condominium management starting at 10$/month per unit, with modern technology and personal service. Contact us for a free quote or schedule a call of 15 minutes.
