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Board of Directors – From Interest to Election
Author:
Maggie Matian
Publication date:
July 14, 2022
Article Summary:
The blog discusses the importance of communication with a condominium's Board of Directors and the process of electing directors. It outlines the roles and responsibilities of directors, which include handling financial matters, maintenance, reserve fund studies, by-laws, and rules. Directors' meetings are crucial for conducting business, and there are specific qualifications a candidate must meet to be elected. The blog emphasizes the importance of understanding the director's role and the time commitment involved. It also mentions the mandatory disclosure requirements for directors and candidates, which were implemented in November 2017.
Keywords:
Condominium, Board of Directors, Communication, Condominium Act, Responsibilities, Meetings, Quorum, Qualifications, Election, AGM, Candidate, Disclosure, CCI Chapter.
Source Citation:
Maggie Matian
Board of Directors – From Interest to Election
July 14, 2022
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