When is the Annual General Meeting (AGM) and what happens there?
The timing of the Annual General Meeting varies for each condominium. The two main things that happen at an AGM are the presentation of the previous year’s financial statements and the election of the Board of Directors. Depending on the fiscal year end for the condominium, the Annual General Meeting will usually be scheduled between 2 and 6 months after the fiscal year end. So if the fiscal year end is December 31st, then the AGM will usually be held between March and June.