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Sample briefing — read me first. An anonymised example of an AG Brief; every name and figure is fictional. Behind each margin note: dozens of pages of tables and figures, read for you and reduced to what matters before the meeting — teal for what a number means, terracotta for what's worth a second look.

Owners' meeting: 28 April 2026, 14:30 · Espace Marina, Cap d'Ail — or by video link
SDC Les Oliviers · Cap d'Ail

A year of the building's accounts, read for you.

An independent reading of the copropriété — every charge, vote and figure, explained from your side of the table.

PERIOD: 1 OCT 2024 — 30 SEPT 2025
Annual spend
€238,805
what the whole building spent
Operating deficit
−€33,805
spent beyond the voted budget
Cash position
€151,085
the building's reserve
Owner arrears
€54,762
unpaid by owners
Before you vote

My position, in three lines

01

Approve the accounts — but before voting the quitus, ask why spending has beaten the budget two years running.

02

The 2025/26 budget is set ~14% below real spend. Without a rise, the deficit returns next year.

03

On the PPPT, don't vote the cheapest devis until all three cover the same perimeter.

Each position is argued point by point below.
The big picture

What the building spent

€238,804.96
OF WHICH VAT €31,978.53 · RECOVERABLE FROM TENANTS €105,387.15
What is a copropriété?

A building owned in shares. Every owner pays a slice of the common costs — these accounts are that common fund, over one year.

Worth noting

The heaviest line is maintenance contracts — nearly half the budget. Security alone (Garde Littoral SARL) absorbs €85,374, about 36% of the year.

By category

Where the money goes

The whole budget split into 8 functional categories, heaviest first.

General common charges€173,97572.9%
Heating€21,2828.9%
Apartment charges€16,9687.1%
Lift€12,2665.1%
Car lift€8,8913.7%
Parking€3,8381.6%
Hot water€1,3120.6%
Meters€2720.1%
How to read this

« General common charges » gather everything shared — security, cleaning, insurance, gardens. They almost always dominate; the detail below breaks them open.

Detail

The full breakdown

Tap a category to see what's inside. All amounts for 01/10/2024 — 30/09/2025.

charges

The building's running costs, split between owners in proportion to their tantièmes (ownership share). The bigger your lot, the bigger the slice.

Security (Garde Littoral SARL)€85,374
12 monthly invoices across the year.
Lowest month€5,239
Highest month€10,418
Monthly average~€7,115
Insurance€20,861
Building insurance (Azuréa Assurances)€20,386
Legal protection (ProtecCopro)€475
Heating (gas + maintenance)€21,282
Gas (GazSud + Énergie Méditerranée)€6,535
Boiler maintenance (ThermiTech SAS)€14,298
System water€170
Repairs€278
Cleaning of common areas€13,766
Monthly invoices from Net Azur Propreté (12 months).
First 3 months (Oct–Dec 2024)€1,110/mo
Then€1,160/mo
Lift (total)€12,266
Electricity (20% of total EDF)€7,381
Maintenance (Verti-Lift)€3,658
Repair (dialler replacement)€1,054
Phone + remote monitoring€172
Syndic & legal fees€14,877
Syndic fees (€667/month × 12)€8,004
Lawyer (Maître Aubert — SDC & Rinaldi cases)€5,262
Bailiff (SCP Marchand)€1,029
Photocopies & call-outs€481
Postage€101
Other maintenance contracts€16,899
Gardens (Jardins du Cap)€5,129
Pool (Bleu Piscines)€5,142
Air conditioning (ThermiTech SAS)€4,535
VMC ventilation (AirNeuf)€775
Fire safety (Sécuri-Feu)€898
Meter contract (ComptaMétrie)€272
Garage door€148
Electricity (common, EDF)€36,907
Total annual EDF bill, split by usage key.
Apartments (30%)€11,072
Lift (20%)€7,381
Car lift (20%)€7,381
Parking (10%)€3,691
Common areas (20%)€7,381
Water€7,713
Common water (Eaux du Littoral)€4,871
Garden irrigation€1,105
Hot water€1,312
Pool€151
Concierge lodge€81
A/C system€170
Standing charge€23
Small repairs€7,729
Carpet replacement (August)€2,783
Emergency call-outs (ThermiTech ×2)€839
7 fire-safety plans€1,098
Pruning of 3 washingtonias€699
Other small works€2,309
Sundry€5,589
Property tax (Paillon)€2,695
Supplies€1,206
Phone (common + lodge)€1,587
Bank charges€127
Sundry income (badge refund)−€26
Your account

Your personal share

Every owner receives their own Projet de Répartition from the syndic. Here is a worked example for an apartment owner in the building.

Example · M. & Mme Lindqvist
LOTS 0114 · 0042 · 0078 — SHARE 412/10000 (≈4.12%)
Apartment lot (0114)€8,166.17
Parking lot (0042)€983.88
Cellar lot (0078)€688.71
Total charges (2024/2025)€9,838.76
Instalments already paid€8,166.17
Balance now due€1,672.59
In plain terms

This owner holds 4.12% of the building, so carries 4.12% of every line in the accounts — €9,838.76 for the year. They had already paid €8,166.17 in instalments, leaving a balance of €1,672.59 to pay once real costs ran past the budget.

The vote

17 resolutions to vote

Each point is voted separately: For / Against / Abstain. The badge shows the legal majority required; the second chip is my position. Full form: pp. 35–37.

What is an AG?

The assemblée générale — the owners' annual meeting where every spending decision is voted. Absent, the votes still bind you. Explaining an AG in advance is an AG Brief.

Procedure

6 points
001
Art. 24For
Election of the meeting chair
002
Art. 24For
Election of the first teller
003
Art. 24For
Appointment of the meeting secretary
008
No vote
Syndic's report (for information)
009
No vote
Conseil syndical's report (for information)
017
No vote
Any other business

Accounts & quitus

4 points
004
Art. 24Question
Approval of the accounts closed 30/09/2024
Real spend €178,385 against a €131,000 budget — a +36% overrun.
005
Art. 24For
Approval of the accounts closed 30/09/2025
The year analysed above — total spend €238,805. Approving means accepting these figures.
📑 Statement of charges pp. 65–73 + Répartition pp. 74–75
Full text ▾

The general assembly, having examined the account, income and expenditure for the period 01/10/2024 to 30/09/2025 totalling €238,804.96, approves the accounts in their form, content, allocation and distribution for that period.

Note: your charges balance, if owed, is payable from today.

006
Art. 24For
Approval of the works accounts
007
Art. 24Question
Discharge (quitus) to the syndic for 01/10/2024 — 30/09/2025
Worth a question. After a +36% overrun in 2023/2024, it is reasonable to ask questions before voting in favour.

Syndic

1 point
010
Art. 25For
Election of the syndic — Cabinet Aurélia
New contract: €7,000 excl. VAT (€8,400 incl.) / year, 15-month term. About 12% cheaper than this year (€667/month = €8,004/year). Extra hour €86 excl. VAT. Fees: état daté €410, opposition €162, mise en demeure €16.
📑 Syndic contract pp. 15–28

Budget

2 points
011
Art. 24Question
Provisional budget 2025/2026: €205,000
About 14% below real spend (€238,805). Main lines: common €141,550 (+17.5%), heating €18,350 (+34%), lift €13,500 (+25%).
012
Art. 24For
Provisional budget 2026/2027: €221,000
+7.9% on the previous year.

Works & funds

3 points
013
Art. 25For
Works fund (Fonds Travaux ALUR)
A compulsory annual contribution towards future works. This money belongs to the owners.
015
Art. 25Compare
Multi-year works plan (PPPT) — three devis
A compulsory 10-year works diagnosis. The Métropole funds 40–80% of the extended audit; MaPrimeRénov' covers 30–45% of energy works. Comparison below.
📑 Three devis pp. 29–34
016
Art. 24For
Maintenance — gutter cleaning, Zénith Toiture
Simple but essential to avoid water damage.

Conseil syndical

1 point
014
Art. 25For
Appointment of the conseil syndical
Volunteer owners who keep an eye on the syndic. Anyone can stand.
Majority types

Art. 24 = simple majority of those present. Art. 25 = absolute majority of all owners, including absentees — so harder to reach.

Resolution 015 ≈ a Travaux Brief

Three devis for the PPPT

A compulsory 10-year works plan. Prices vary widely — and so does what's inside.

What is a PPPT?

A 10-year forward plan of major works that every ageing building must now commission. Comparing competing devis before the vote is a Travaux Brief.

Devis A
Diagnostic Azur 06
€1,900
VAT incl., fixed price
Includes: PPPT + 1 building DPE. +€850 per additional building.
📑 pp. 33–34
Devis B
Wattnergie
€3,200–3,450
VAT incl., by lots
Includes: PPPT + DPE bundled. Energy audit (+~€2,800) and AMO MaPrimeRénov' (~€14,000).
📑 p. 32
Devis C
Atelier Riviera
€3,600
PPPT €1,600 + DPE €2,000
Includes: PPPT + DPE separately. Full DTG audit ~€13,600 — Métropole up to 80%.
📑 pp. 29–31
Compare with care

The prices assume 50–75 lots. Check the exact lot count and the exact perimeter of each devis before voting — the cheapest is not always the best value.

Voting context

Budget vs real, 4 years

Voted budgets against real spend, line « general common charges (net) ».

PeriodBudgetRealΔ
2022/2023€127,535approved
2023/2024€131,000€178,385+36%
2024/2025€120,500€173,976+44%
2025/2026€141,550to be voted
The pattern

Two years in a row, real spend has beaten the budget by 36–44%. A budget set low and overrun every year is what to keep watching.

Cash

Where the cash goes

Not put to a vote — but these figures explain why everyone has a balance to pay right now.

Operating deficit
−€33,805
budget €205,000 · spent €238,805
Cash at 30/09/2025
€151,085
the building's reserve
Owed to suppliers
€27,089
↑ +49% year on year
Owner arrears
€54,762
unpaid by owners
Points of attention

Supplier debts are up 49% (€18,148 → €27,089) — the syndic is running late on invoices. Owner arrears of €54,762 never reach the account. Cash holds only thanks to owners' instalments, not healthy income. Without a budget rise next year, the deficit returns.

Glossary

What the words mean

Charges locatives / recoverable charges
The share of costs an owner can legally pass on to a tenant (heating, cleaning, lift…). This year: €105,387.
TVA / VAT
Value-added tax already included in suppliers' invoices. Annual total: €31,979.
Tantièmes (ownership shares)
Ownership expressed in ten-thousandths. An apartment holding 412/10000 carries ≈4.12% of every common cost.
Fonds travaux ALUR
A compulsory works reserve fund created by the ALUR law. It accrues each year and belongs to the owner.
Syndic
The firm that manages the copropriété. Here: Cabinet Aurélia. Monthly fee: €667.

Owned from afar. Read on the spot.

One of seven formats

This is an AG Brief. There are six other ways I read your property.

By the event, by the property, by the portfolio — and, for ongoing coverage, the Private Mandates, arranged privately.

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