Role of an Owners Corporation Committee
Автор: The Knight (The Knight)
Загружено: 2018-12-19
Просмотров: 1034
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A brief explanation of the role of an Owners Corporation Committee
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An Owners Corporation Committee is a group of three (3) to seven (7) members (up to 12 if resolved by ordinary resolution) who are appointed each year at the Annual General Meeting.
The Committee governs management of the Owners Corporation until a new Committee is appointed at the next Annual General Meeting.
In most cases, the Owners Corporation delegates powers to the Committee of Management to make decisions about the building’s day-to-day operations.
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