What is the Condominium Board of Directors?
The Condominium Board of Directors is made up of volunteer unit owners who are elected by members of the Condominium Corporation. The Board must consist of at least 3 people for 4 or more units, or at least 2 people for 2-3 units. The Board acts on behalf of the Condominium Corporation, and is responsible for ensuring the requirements of the declaration and by-laws are met, as well as overseeing the management of the Corporation. The Board conducts its business by holding regular meetings. The Board reports to the Condominium Corporation at an annual general meeting or at an extra-ordinary general meeting. When a condo is first created, there is a temporary board of directors appointed by the Declarant. As the units are sold to new owners, they will eventually elect a permanent board of directors.
The Condominium Board of Directors is made up of volunteer unit owners who are elected by members of the Condominium Corporation. The Board must consist of at least 3 people for 4 or more units, or at least 2 people for 2-3 units. The Board acts on behalf of the Condominium Corporation, and is responsible for ensuring the requirements of the declaration and by-laws are met, as well as overseeing the management of the Corporation. The Board conducts its business by holding regular meetings. The Board reports to the Condominium Corporation at an annual general meeting or at an extra-ordinary general meeting. When a Condominium is first created, there is a temporary board of directors appointed by the Declarant. As the units are sold to new owners, they will eventually elect a permanent board of directors.