Welcome to the Annual General Meeting Proxy Page!
We understand that time is precious so we'll be brief here.
As you may or may not not know, quorum of a meeting is required in order to conduct the business of an annual general meeting. What is quorum you ask?, it is the percent of owners required to be in attendance at a meetign to conduct business according to your Corporations By-Law and/or the Condominium ACT of Ontario. Generally speaking, a quorum is 25% of owners.
Example: For a 100 Unit Condominium Corporation a quorum would require 25 Units represented in person and/or proxy.
100 x 25% = 25 Units
If we do not have enough units represented at the meeting we techincially cannot conduct business and would be forced to recall the meeting to try and achieve quorum at the next meeting. This costs your Condominium Corporation in time and money which may affect your monthly common fees.
So please complete the page below and send it back to help count towards quorum!
Thank you in advance!
Welcome to the Annual General Meeting Proxy Page!
We understand that time is precious so we'll be brief here.
As you may or may not not know, quorum of a meeting is required in order to conduct the business of an annual general meeting. What is quorum you ask, it is the percent of owners required according to your Corporations By-Law and/or the Condominium ACT of Ontario. Generally speaking, a quorum is 25% of owners.
Example: For a 100 Unit Condominium Corporation a quorum would require 25 Units represented in person or proxy.
100 x .25 = 25