Professional Directors

The article discusses the selection of directors in condominium corporations and suggests that communities may benefit from hiring a professional director to work alongside volunteer directors. Professional directors can offer objective opinions, identify poor decision making, and focus more on the benefits or savings from good decisions rather than the costs. They are also paid to participate in monthly board meetings and undertake research and activities not handled by condominium managers or volunteer directors. However, a remuneration by-law must be passed, valid for three years, before professional directors can receive compensation.