Preparing For Your Annual General Meeting

Preparing for a condominium's Annual General Meeting (AGM) is crucial for ensuring a smooth and successful event. The AGM allows condo managers, board members, and unit owners to discuss the previous year, upcoming projects, and vote on various topics. Proper planning and communication are essential for a successful AGM. The article emphasizes the importance of scheduling the AGM within six months of the fiscal year-end and choosing a suitable date, time, and location for the meeting. Sending preliminary and final notices to unit owners is mandatory under the Condominium Act, and meeting the minimum attendance requirement of 25% of unit owners is vital to avoid cancellation. By planning ahead, providing clear communication, and keeping the meeting approachable, the AGM can serve as an opportunity to build a healthy condominium community and address owner concerns.