top of page
wecare994

Best Practices for Condo Boards - Committees


The best condo boards of directors understand their roles and responsibilities and of course their shortcomings. Owners who purchase a condo do so for many reasons but at the end of the day all owners are responsible for the governing of their building so asking for their help with projects, emergency situations and many other tasks or events should be a top priority and of course its very easy to do.


Boards of directors should seek out owners assistance and expertise in all types of scenarios. Owners don't expect that board members know everything and have the knowledge and expertise to handle every situation so if there are times when the board is overwhelmed they need to go to their owners and ask for help! Use the expertise of your owners to work together to complete tasks in any situation its not only practical its good leadership. Creating committees shows the ownership that the board is working to serve the community and the corporation. When you own your home you don't have the luxury of asking your neighbor to assist with your lawn or insurance claims but that's the beauty and benefit of living in a community you have the advantage of people who have experience and knowledge that you don't have, use it...take advantage of it ...ask all owners for input or suggestions or assistance.


Creating committees is the easy part - committees should be created from the smallest issues to the largest emergency situations. You have a building full of people and those people have all kinds of expertise that could improve the governing of your building. While not all owners may have the time or inclination to join the board full time they do have time to join a committee for a couple days or weeks in the year. Put up signs or send emails asking owners for their expertise and if they can make a small sacrifice and spare some time to help with their investment. You can develop standing committees that can be added to the bylaws or ad hoc committees that are finished once the task in completed. All condo boards should look into creating the following committees to ensure the best possible governance:


  • Budget or Finance committees - budgets are the most complex and daunting task, put out a call for owners who have experience in this area. You can ask if there are owners with book keeping expertise, accounting experience or owners who deal with budgets in their everyday life;

  • Emergency committees - all corporations should have an emergency plan in place. This is required by the city fire department and of course good practice to ensure the safety and security of all individuals in the building. The emergency plan should be extensive and include all possible scenarios. You can ask for volunteers to contact certain individuals to activate the plan once its created. You need individuals to act in certain capacities during an emergency event these persons don't have to be board members they can be owners who work different hours or are more available and or have knowledge or training in these areas;

  • Cleaning committees - does your condo board do annual cleaning inspections? developing a cleaning committee will ensure your building is well maintained the more people who are looking at the building and its needs the better off the entire building is. Not everyone can see every dirty wall or spot so a cleaning committee is the best answer. Create your cleaning committee and walk around the building monthly or semi annually together to look at areas that need to be looked after. Do you need a pressure washer for the entire building? have the windows been washed? do the garage doors need to be cleaned? Do the inside walls need to be washed? what about carpets and chairs or sofas? The daily cleaners are not equipped to deep clean so this is an important step in maintaining a well kept building;

  • Research committees - these can be created when you are looking into additions or purchases for your property. These are temporary committees that gather together the best resources in your building;

  • Risk and strategic planning committees -corporations who fail to plan and assess the social, environmental and technological are met with a big surprise once something happens. Be prepared, think ahead and develop committees to address these types of situations. A condo board that looks to addressing the future and ensuring long term sustainability within an organization is a corporation that is successful and contributes to increases in property value. Look to recruit owners who work in these types of areas. This type of committee can address many issues - these types of committees are great for condos who are looking to potentially save money in the future by improving the practices of the building. These committees can look into solar, ways to cut electrical costs, reduce waste, environmental impact etc. there are so many factors that affect a corporation these committees can provide invaluable assistance to your condo corporation.



    A condo board that works with its community is a successful condo board. Let us know if you need help developing committees or need resources or materials, we are happy to help. Our goal is to create successful condo communities!





20 views0 comments

Recent Posts

See All

Meetings and Events

Condo Buildings have many different types of meetings -AGMs, Special Meetings and  Extraordinary Meetings, Owners Meetings -    See below on tips for making your meeting inclusive and productive 

​Annual General Meetings are crucial to democracy, a condominium corporation in Alberta is required to have annual general meetings every year and at the latest 15 months from the last AGM. These are formal meetings where owners vote on all types of business such as new bylaws, bylaw changes, financial considerations, improvements, upgrades and elect a new board of directors. There are certain procedural rules boards must follow when organizing an AGM; notice must be provided 60 days prior to the AGM, this gives owners the ability to submit agenda items to the board. After the 60 days, formal notice with the agenda items must be sent to owners within 30-14 days prior to the meeting date. Make sure you are voting at your AGMs, you need to make sure the votes are counted - make sure your board is either holding elections through ballots or a counted hand vote. 

There are several types of other meetings a condo corporation holds - Special Meetings, Owners Meetings or Town Halls. It all depends on who is doing the organizing and the topics being put forward. Condo Owners should ensure that their meetings have at least the basic requirements for example: With the exception of Owners Meetings which are called by the owners and not formal, all meetings should include, if possible: scrutineers, agenda- ability of owners to add to agenda, accurate and properly recorded minutes, elections, voting - owners should be voting on issues at AGMs to name a few. There are many requirements to hold a duly organized meeting. For example, public companies and other corporations hire several entities when they hold AGMs. Most corporations start by hiring a law firm. a company to scrutineer and often depending on the type of meeting a solicitation agent. Unfortunately, and of course because it's impractical for the majority of Condo Corporations to assume the expense of all or even a few of those entities most Condo Corporations rely on the knowledge of the property manager and an inexperienced board to deal with meetings which affects the quality of the meetings.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The quality of condo meetings depend on the quality of the property manager and the knowledge of your board of directors. Most condo meetings are pretty poor which leads to very little advancement and improvements in the corporation. If your condo corporation holds proper meetings then thank goodness and let us know! We want to hear about condos that are working well together creating successful condo communities. If not then well we all know when buildings incur this type of combination of a poor manager and a poor board for too long the building starts to deteriorate very quickly. Most building come equipped with basic bylaws created by the developer included in the owners manual, some specs and basic information and little else so if you were unlucky to buy into a property with owners who knew very little about condo boards you are probably facing some difficulties after a number of years.  Call us anytime and we will audit your meetings, elections or if you assist in coordinating any type of meeting. See our simple suggestions for make your meetings even more successful. 

condo meeting

Everyone is happier with a cookie in their hand

condo meeting - AGM

                                 Make people feel welcome!         

                           

Meetings are stressful even if there are no hot topics so anything you can do to lighten the mood is helpful. You could also have a giveaway or a play a little game before you get started. Don't forget name tags for large gatherings, bring a card or provide contact information and don't forget a pen, notepad or your phone to take notes and exchange information.  

If you organized the meeting: don't forget to shake as many peoples hands and introduce yourself to as many people as you can!

Hint: If you are organizing the meeting you should be the last to leave! This helps make sure you talk to everyone who came to talk to you!

                                             Its ALL in the Details

We believe details are important! Set up a station with coffee, juice or water to keep people hydrated and bring along some home baked or store bought treats. Owners will feel welcome and it helps to set the tone of a meeting. Who can argue with a piece of cake in their hand or mouth! Meetings should be informative and engaging and setting the tone will make your meetings more successful.

Hint: You'll often be able to tell the people who support you or at least like you if they take a cookie or drink some coffee. More combative individuals won't take the cookie because they feel like they would owe you something back and sometimes that's just being nice and respectful.

Working as a Trustee in the corporate debt space for over a decade has helped me build a foundation in Corporate and Securities Law. As a a Manager of Corporate Trust acting as debt Trustee, collateral agent or escrow agent, I was involved in many types of large international transaction and the biggest bought deal in Canadian history. As a trustee we were involved in, attended and scrutineered all types of meetings, extraordinary resolutions and consent solicitations. As Corporate Secretary for a large public company, I have over a decade of experience in many aspects of Corporate Law.  I worked for  several years in compliance for a capital raising investment company and worked in the prosecution department at IIROC. My degree in political science gives me a heightened sense of justice and expertise in all levels of government, democratic institutions and democratic practices.  I started this company to help other condo owners who were having similar experiences with condo boards. My corporate law and securities experience provides a great backdrop to be able to help create inclusive communities one building at a time, fighting one board at a time to bring back democracy and inclusion to Condo boards. People don't need to be fighting boards -it ruins their piece of mind and stunts community growth. Boards of Directors need to be held accountable for bad decisions and bad operating procedures and educated in best practices. 

bio pic.jpg
CONTACT
LOCATION

Email: wecare@momentumcondo.com
Phone: 403.651.7403

 

881 -15 Avenue SW

Calgary, Alberta T2R 1R8

Mon - Fri: 8am - 6pm

​​Saturday: 8am - 1pm

​Sunday: Closed

© 2035 by ASHTON & PORTER. Powered and secured by Wix

bottom of page