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Board Roles and Responsibilities

How is each position decided?
Sometimes the positions are decided at the AGM based on how many votes each person has.  Sometimes the board votes or decides internally for their positions in their first meeting.  Check local legislation or choose the method in a vote at the beginning of the AGM.
​🧑‍⚖️ 1. President (or Chair)

Role: Leader and primary representative of the board
Responsibilities:
    •    Chairs board and general meetings
    •    Oversees daily operations and ensures decisions are carried out
    •    Acts as a liaison with contractors, owners, and external professionals
    •    Signs legal documents and contracts (with board approval)

⸻

🧾 2. Treasurer

Role: Oversees financial matters
Responsibilities:
    •    Prepares and monitors annual budget
    •    Reviews financial statements, invoices, and bank records
    •    Oversees collection of condo fees and payment of expenses
    •    Works with accountant/auditor on year-end reports
    •    Tracks reserve fund and major capital expenditures

⸻

📝 3. Secretary

Role: Maintains official records and handles communication
Responsibilities:
    •    Prepares and maintains meeting agendas and minutes
    •    Sends notices for meetings (AGMs, special meetings, etc.)
    •    Keeps corporate documents organized (bylaws, insurance, correspondence)
    •    May manage owner contact info and communications

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👥 4. Director(s) at Large

Role: General support and participation in board decisions
Responsibilities:
    •    Shares in decision-making and provides oversight
    •    May take on specific tasks or committees (e.g., landscaping, repairs)
    •    Assists with owner issues or enforcement of rules

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🧩 Optional Committees (if needed)
    •    Maintenance/Repairs Committee
    •    Social/Community Events
    •    Security or Safety Committee
    •    Rules and Bylaws Review Committee
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  • Home
  • Services
  • Education
    • The Very Beginning
    • Roles and Responsibilities
    • Bank Accounts or Trust
  • Form Templates
  • Contact Us