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Impeachment

A process set out in the Bylaws which enables owners, at an extraordinary general meeting, to remove one or more Board Members and replace them with other qualified persons until the next annual general meeting.

Improvements and Betterments

Anything added to or upgraded in a unit from the original condition of the unit when sold by the developer.

Information Meeting

A general meeting of the owners called by the Board to provide owners with information.

Information Statement

A written statement given by the Board of Directors under Section 44 of the Act, containing general information concerning the operation of and financial status of the Corporation.