Condo Living - Your Homeowner s Association s Annual Meeting
Of all the activities while residing in a condominium, the most important for a unit owner is to attend the annual meeting of the homeowner's association. Usually, great care is given by the elected administrators and the professional management firm in preparation of the annual meeting. A notice is sent weeks prior to the annual meeting, and a condo owner has no excuse not to attend. The administrator usually the president or the secretary of the association will read the minutes of last year's meeting and will then present the report on the state of the building .You will learn what happened during the last year, what is planned for the next year, and if need by a five or ten year plan of capital expenditures will be presented to the owners. ...
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