Definition : Board of directors - Rendering of account

Presentation  by the members of the Board of Directors, during the general annual meeting or the transitional general meeting which consists in reporting on the actions carried out, decisions taken and the amounts disbursed by the Board of Directors during a given period.

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Whatever building chosen, all co-owners, without exception, are expected to participate to the General Meetings of co-owners. Thus they can vote on the questions on the agenda, and take various decisions necessary for the sound operation of the co-ownership. These General Meetings will vary according to circumstances. This factsheet is an overview of the various types of General Meetings that may be held in a co-ownership:
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The presence of a Board of Directors is mandatory in a co-ownership. It is the executive body of the syndicate and its legal representative. Its members act as the mandataries of the syndicate.
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