Definition : Board of directors

Decision-making body of the syndicate of co-owners whose powers and duties are determined in the declaration of co-ownership (Constituting act of the co-ownership) and by Law. It is in charge of managing the syndicate’s business and it shall exercise all of its powers necessary to assume its duties. The board of directors oversees, without limitation, to the preservation and the maintenance of the immovable and insures the co-owners, lessees and occupant’s compliance to the declaration of co-ownership.

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In order for the board of directors to validly deliberate and make decisions, the declarations of co-ownership generally provide that a minimum number of directors must participate to the meeting. This requirement is called the quorum.
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The director plays a leading role in a co-ownership. As a mandatary of the syndicate of co-owners, he ensures the smooth running of the immovable’s day to day business, which implies a working knowledge of the tasks related to this key function. As such, directors must act with prudence, diligence, honesty and loyalty, and never lose sight of the co-owners community interests.
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December 11th 2015 - The main duty of the board of directors in a condominium is to manage the Syndicate’s business. This means first to ensure the maintenance and conservation of the building, secondly to see to it that everyone respects every disposition of the declaration of co-ownership.
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  The Board of Directors is one of the two decision-making bodies of the syndicate. Composed of one or more directors, its duty is to administer, manage and ensure the preservation of the immovable. Its operation and decision making process are governed by the declaration of co-ownership. An overview of the various specific facets of the Board of directors.
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