Annual General Meeting (AGM) The Annual General Meeting (AGM) is an important yearly meeting where owners receive updates about the business and operation of the condominium corporation. The meeting may include discussion of financial matters, completed or upcoming projects, reserve fund planning, insurance, and other matters affecting the corporation. The AGM is also generally when owners elect members of the Board of Directors, who are responsible for making decisions and o

Condominium ownership can offer many benefits — shared maintenance responsibilities, access to amenities and, in some cases, a more affordable entry into home ownership. But buying a condo is different from buying a single-family home, and there is more to consider than the individual unit itself. When you purchase a condominium, you're also becoming part of a condominium corporation. That means sharing responsibility for common property and expenses and living within the cor

Congratulations — the purchase is complete and you officially own a condo! But before you start unpacking, there are a few things worth taking care of to make the transition into condominium living a little easier. Introduce Yourself to Property Management If your condominium corporation uses a property management company, make sure they have your current contact information and know that ownership of the unit has changed. Depending on your condominium, you may also need to:

Why do I need a Condo Document Review?