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144.

Repair after damage and insurance

PART XI

PHASED CONDOMINIUM CORPORATIONS

145.

Type of corporation

146.

Creation of phase

147.

Disclosure statement

148.

Status certificate

149.

Corporation’s remedy

150.

Remedy of purchasers

151.

Easements

152.

Turn-over obligations

153.

Corporation’s obligations for phase

154.

Termination of agreements

PART XII

VACANT LAND CONDOMINIUM CORPORATIONS

155.

Creation

156.

Contents of declaration

157.

Contents of description

158.

Buildings on common elements

159.

Status of buildings in corporation

160.

By-laws

161.

Disclosure statement

162.

Repair and maintenance

163.

Substantial damage

PART XIII

LEASEHOLD CONDOMINIUM CORPORATIONS

164.

Creation

165.

Leasehold interest of owners

166.

Declaration

167.

Description

168.

Leasehold estate in property

169.

Disclosure statement

170.

Status certificate

171.

Rent for property

172.

Consent of lessor for termination

173.

Termination by lessor

174.

Expiration of leasehold interests

175.

Effect of termination or expiration

PART XIV

GENERAL

176.

Act prevails

177.

Regulations

178.

Transition

179.

Transition, turnover

180.

Transition, disclosure

181.

Transition, insurance

182.

Transition, termination of agreements

183.

Transition, regulations

PART I

DEFINITIONS AND INTERPRETATION

Definitions and interpretation

1. (1)

In this Act,

“annual general meeting” means a meeting of the owners of a corporation held in accordance

with subsection 45 (2); (“assemblée générale annuelle”)

“approval authority” means the approval authority for the purposes of sections 51, 51.1 and

51.2 of the

Planning Act

; (“autorité approbatrice”)

“auditor” means a person licensed as a public accountant under the

Public Accounting Act,

2004

who is appointed as an auditor of a corporation under section 60; (“vérificateur”)

“board” means the board of directors of a corporation; (“conseil”)