How are most condominium corporations managed? First, it is important to understand that a condominium corporation’s Board of Directors has a dual responsibility which is part policy and part management.
– The board of Directors is responsible to make decisions and enforce the governing documents (the Act, Declaration, By-laws, and Common Element Rules). This decision-making role cannot be delegated, however, the Board may delegate certain activities. For example, the Board may make a decision to charge a fee for extra common element parking spaces on the property. This is the policy role. However, the monitoring of these spaces and the collection of the fees could be delegated to a building superintendent, staff member, an individual director, committee member, or professional management company. This is the management role. Continue reading