How Should an Alberta Condo Board Operate?
An Alberta condo board must follow the Condominium Property Act, regulations, bylaws and proper financial processes.
An Alberta condominium board is not simply a landlord, property manager or ordinary nonprofit board. It is the body through which a condominium corporation exercises its statutory powers and performs its duties under the Condominium Property Act, the regulations and the corporation's bylaws. That statutory structure is the best starting point for understanding what the board can and cannot do. A previous version of this article said condominium corporations across Canada are structured as nonprofit corporations.
Opening this article…