Bijural Terminology Records

Common Law

condominium corporation

Civil Law

syndicate of co-owners

Title of the Legislative Text

Federal Real Property Act, S.C. 1991, c. 50 (title changed to Federal Real Property and Federal Immovables Act by the Federal Law-Civil Law Harmonization Act, No. 1, S.C. 2001, c. 4, s. 10)

Provision

  16. (7) Where a purchase, lease or other acquisition of real property in a condominium project, co-operative project or similar project is authorized under this Act, that authorization also constitutes the authority for the acquisition of a share, membership interest or ownership interest in the relevant condominium corporation, co-operative corporation ...

Problem

In the English version, the civil law notion of "syndicate of co-owners", a legal person that preserves, maintains and manages an immovable under divided co-ownership, is not included in the provision.

Solution

The term "syndicate of co-owners" is added to the English version.

Harmonized Provision

  16. (7) Where an acquisition or a lease is authorized under this Act in relation to

  • (a) real property in a condominium project or an immovable under divided co-ownership,

  • (b) real property or an immovable in a co-operative project, or

  • (c) real property or an immovable in any similar project,

that authorization also constitutes the authority for the acquisition of a share, membership interest or ownership interest in the relevant condominium corporation, syndicate of co-owners, co-operative corporation ...

Federal Law-Civil Law Harmonization Act, No.1, S.C. 2001, c. 4, s.18(2)

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