Documents found
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112162.More information
The author presents and comments on the new articles of the Québec Civil Code governing condominiums and which are expected to come into force in 1994. The first part of the study deals with the general notions, the formal changes, and the main aspects of the Declaration of Co-ownership as regards insurance as well as the principles of insurance as they apply to this area. The second part of the study, which will be published in the next issue, mainly deals with the provisions of insurance policies taken out either collectively by the administrators or individually by the co-owners.
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112163.More information
A land trust is a private, non-governmental and non-profit organization directly involved in the protection of lands solely for their natural and ecological values. This article summarizes the steps involved in creating a land trust, from establishing the incorporation, setting up a board of directors to organizing support and interest. The view expressed by the author is based on his recent experience in implementing and operating a land trust in Sainte-Adèle, Québec.
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112166.More information
We are pleased to once again present an article by Mr. Roger Comtois who has accepted our invitation to give us an assessment of the co-ownerhsip regime, fifteen years after the adoption of the Act relating thereto on the eve of a reform in this area. ln his article, our collaborator presents the difficulties encountered by the experts in this field, recommends solutions and, lastly, reviews the jurisprudence relevent to the declaration of co-ownership.
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112169.
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112170.More information
It is generally agreed, I believe, that Proportional Reinsurance was the original form of reinsurance and has been in common use for a very much longer time than has Excess of Loss Reinsurance or Stop Loss Reinsurance. It would therefore have been logical to have considered first of all the proportional methods for my series of notes on reinsurance, but it was as a matter of deliberate choice that I dealt first with Excess of Loss Reinsurance and then with Stop Loss Reinsurance. I felt that I might have something more to offer when commenting on the latter two methods than when writing about Quota Share and Surplus reinsurances, which have been the subject of standard contracts for a great many years, the original wordings having been modified from time to time, to meet changing conditions, but remaining basically the same. It is now some years since two insurance companies, one French and one British, made it known to those, such as myself, who are interested in these things, that the reinsurance contracts between them had been in existence for one hundred years, without interruption. We all like to think of reinsurance as being a long term business, but this must truly be a record. I have dealt here only with obligatory treaties which form the overwhelming majority of the business, in terms of premium income. Nevertheless, Facultative reinsurance continues to have great importance, and has systems, methods and conventions essentially its own.