An essential tool for any condo building, the maintenance logbook acts as a detailed journal documenting the history of the property and compiling all carried out or planned interventions. Although not yet mandatory, this document enhances a condominium’s competitiveness in the resale market. Moreover, administrators who adopt it demonstrate a commitment towards good governance and healthy, responsible management.
This document lists the major construction and technical features of the building, while cataloging various maintenance, warranty, and insurance contracts. It also facilitates the planning of future work in accordance with the asset management plan.
The relevance of the maintenance logbook is even greater in the context of condominium unions, which often experience changes in administrators.
In the absence of this document, passing on knowledge between old and new administrators would be difficult. New administrators often have no knowledge of the current state of the building or the history of interventions. Without a maintenance logbook, they would be forced to start everything from scratch, and limit themselves to occasional interventions. These, not being rooted in a holistic approach or in the continuity of previous operations, often prove ineffective or, even worse, can further deteriorate the state of the building.
When will the obligation come into effect?
Once the regulation is adopted, a period of 3 years will be necessary before the maintenance logbook becomes an obligation. Roughly, this could be around 2026, if the regulation is adopted in 2023, or even later. This gives you plenty of time to prepare.
Why is it wise not to wait until the last minute?
Despite the time given to us, it’s advantageous to get ahead.
By establishing a maintenance logbook now, your condominium:
Will be ready to meet this obligation as soon as it comes into effect;
Will see positive benefits concerning the preservation of its real estate asset.
In terms of asset management, it’s always more profitable to adopt a proactive approach rather than a reactive one. A condominium displaying impeccable management will more likely attract potential buyers. Moreover, applying good maintenance practices can extend the lifespan of the building’s materials and components, thus generating long-term savings. We encourage you to start the process as soon as possible.
When is the best time to establish the maintenance logbook?
Although there’s no perfect time to establish a maintenance logbook, given the benefits that such a tool provides (and that it will become mandatory soon), it is advisable to start as soon as possible.
Since the amendments made to Bill 16, a large number of condominiums have undertaken their contingency fund study, even if it’s not yet mandatory (but it will be at the same time as the maintenance logbook, in the coming years).
Submitting a contingency fund study is a perfect opportunity to establish your maintenance logbook. The expert conducting the study creates a list of elements constituting the property as well as an asset maintenance plan to assess major work to be planned.
Why choose our service for your building’s maintenance logbook?
With over 25 years of experience, our team of certified building inspectors offers deep expertise and understanding of legal and technical obligations related to condominium maintenance. We are committed to providing a high-quality, efficient, and reliable service.
By choosing Maître Inspecteur, you will benefit from:
Thorough and rigorous analysis of your condominium by qualified professionals;
A complete and detailed maintenance logbook, designed to be easy to follow and understand;
Detailed forecasts of maintenance work and future costs, allowing you to plan and manage your budget optimally;
Dedicated after-sales service to answer all your questions and assist you in implementing the recommendations provided.
Protect your investment and ensure the longevity of your condominium
Make sure your condominium complies with the law, is well maintained, and its value preserved. Contact us today to discuss your needs and plan your consultation.
Investing in a professional maintenance logbook means investing in peace of mind, safety, and the durability of your condominium. Don’t hesitate to contact us for any questions or to schedule a consultation. We are here to help you at every step of managing your condominium.