You ask, we answer:
Each month we answer a question about living in a community title. This month, how long should owners wait for correspondence from their Strata Manager?
Question:
When should I expect to see a copy of the minutes from an Annual General Meeting (AGM) after it was held?
Yours always,
Waity Katy
Answer:
Dearest Waity Katy,
Community properties like yours are governed by the Strata Titles Act or the Community Titles Act, and neither of these Acts sets out a specific time frame for minutes to be sent out after an AGM.
However, as the minutes form a record of your Corporation and need to be kept for up to 30 years, it is essential to record them accurately.
The best way to make sure the minutes are accurately recorded is for them to be sent within a timely manner so any mistakes can be caught. For this reason, professional Strata Management Companies will always send AGM minutes to all owners as quickly as possible.
If you're concerned about how long it's taking for the minutes of your latest AGM to be sent out, contact your Manager to see if they can help.
Always here for you,
Carrie McInerney
CEO
Horner Management