Choose your settings
Choose your language

Financial services for condo syndicates and associations

Count on us to help you manage your condo efficiently and effectively.

We'll make your day-to-day condominium management easier

We're here to help you look after your condo's assets and adapt to new laws. Our savings and insurance products are designed to meet the specific needs of a condo syndicate (sometimes known as a condo association or corporation). Furthermore, you’ll benefit from the expertise of our partners as well as their innovative and affordable management tools.

What the new laws mean for your condominium

The revised condo laws aim at better protecting condo owners (Bill 141) and reinforcing building maintenance (Bill 16). These laws specify 4 main obligations for condo syndicates:

Contingency fund

This fund must cover maintenance, repair and renovation costs of the property's common areas.

The amount must be calculated by a contingency fund study conducted every 5 years by a certified professional.

Maintenance log

The maintenance log details the building's characteristics and helps assess the contingency fund. The syndicate must use it to document the building's history, including any completed and upcoming work.

Sufficient insurance coverage

The condo syndicate's insurance policy must cover:

  • The building's reconstruction value reassessed every 5 years by a member of the Ordre des évaluateurs agréés du Québec
  • The building's common areas (ex. lobby, elevator, terrace)
  • The original condition of each unit
  • The syndicate's and managing staff's civil liability

Self-insurance fund

This fund must cover the highest deductible of the syndicate's insurance policy in the event of a claim.

Products that simplify your life

Enjoy our products adapted to your condo syndicate's needs and legal responsibilities.

Enhanced Investment Business Account

Safely place your contingency and self-insurance funds in an Enhanced Investment Business Account.

  • Attractive interest rates
  • No monthly fee
  • Funds are available at any time
  • Your capital is fully guaranteed
Learn more –about the Enhanced Investment


Make your life easier with our condo and condo syndicate insurance designed to meet the latest legal requirements.

Contact our team for advice and get a personalized condo syndicate insurance quote.

Learn more about condo syndicate insurance– This link redirects to another Desjardins site.

Support that goes beyond financial matters

Take advantage of our trusted partners' expertise. They offer support and practical solutions to help you safely manage your condo.

Regroupement des gestionnaires et copropriétaires du Québec (RGCQ)

The RGCQ looks after the interests of Quebec condo owners. Learn the "ins" and "outs" of managing your condo with our free online training available for Desjardins condo syndicate members only.


With Hoodi's online tools, condo associations with 2 to 20 units can obtain a low-cost fund study and create a digital maintenance log. Condo associations that are Desjardins members get 15% off when combining both services.

Scripta Legal

Scripta Legal makes the law more accessible by offering reasonably priced, quality legal services and documents on an interactive and easy-to-use platform. As a condo association that's a Desjardins member, you'll be able to create the notice of meeting, agenda, and meeting minutes for your association online by taking advantage of a 15% discount on the "Co-ownership" packages identified.


EspaceProprio is a Desjardins initiative that can help you manage your condo renovations. We get quotes from up to 3 verified contractors and guide you throughout your project.

Contact us

By phone

Monday to Friday: 8 AM to 8 PM

Elsewhere in Canada and the US:
1-800-233-2473 This link opens your phone app.

We can call you when it's convenient.