To do so, the Act only has two requirements:ġ. To attend a board meeting, condo directors typically meet in person, but the Act also permits directors to attend either electronically or over the phone.
The Condominium Act, 1998 (the “Act”) sets out several requirements for calling and holding a board meeting. Commonly, board meetings are held monthly, but condo boards can hold as many meetings as needed to run the condo corporation effectively. This means that boards cannot conduct condo business without first calling and holding a board meeting. Common examples of condo business include creating, modifying or terminating contracts with vendors or appointing new directors to fill a vacancy on the board.Ĭondo business cannot be conducted by individual directors or the entire board outside of a board meeting (e.g., by email). Condo business is conducted when a condo corporation’s board of directors makes decisions, issues approvals or performs any other task that affects the governance or management of the corporation. The primary purpose of a board meeting is to conduct condo business. As such, holding consistent and effective board meetings is a critical part of having a well-run condo corporation.
#Can secretary of a board view audio tapes of meetings how to
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