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A report showing all the property or resources of the Corporation and money or liabilities owed.
A Condominium where the unit owner takes title to the physical land as opposed to part of a building or air space. A bare land Condominium unit may or may not have a building on it.
The elect representatives of the unit owners who assume the responsibility for the management of the Condominium property and its business affairs. Commonly referred to as the "Board".
A plan expressed in financial terms which is designed to coordinate and control the various operations of a Corporation.
A motion adopted by the Board to accept the budget and levy Condominium contributions.
The written rules dealing with the daily operation of the Corporation and the duties' and responsibilities of the board and owners which are adopted by special resolution and registered at Land Titles office.