What is general meeting in strata management?

A general meeting in strata management, also known as a general meeting of the strata corporation or homeowners' association, is a formal gathering of the members (unit owners) of the strata or condominium complex. These meetings are an essential part of strata governance and serve several purposes:

Annual general meetings (AGMs) are common and are typically held once a year to address matters such as approving the budget and electing council members.

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Decision-Making

General meetings are where significant decisions related to the management and governance of the strata complex are made. This can include approving the annual budget, setting strata fees, making changes to strata bylaws, and authorizing major repairs or renovations.

Communication

General meetings provide a platform for the strata council or board to communicate important information to unit owners. This can include updates on ongoing projects, financial reports, and any issues or developments affecting the strata community.

Election of Council Members

In many strata corporations, general meetings are held to elect members to the strata council or board of directors. These elected representatives play a crucial role in making decisions on behalf of the strata community.

Bylaw Amendments

Changes to strata bylaws, which govern the rules and regulations of the strata complex, often require approval by a majority vote of the unit owners at a general meeting.

Financial Matters

Approval of the annual budget, as well as any special levies or expenditures beyond the budgeted amount, typically requires a vote at a general meeting.

Dispute Resolution

General meetings may also serve as a forum for addressing disputes or grievances among unit owners or between the strata council and unit owners.

Information Sharing

Unit owners can use general meetings to voice concerns, seek clarification on issues, and discuss matters of interest or importance to the strata community.

The frequency of general meetings can vary depending on the strata corporation's bylaws and regulations. Annual general meetings (AGMs) are common and are typically held once a year to address matters such as approving the budget and electing council members. Special general meetings can be called as needed to address specific issues or decisions that cannot wait until the next AGM.

It's important for unit owners to attend and participate in general meetings, as they provide an opportunity to have a say in the management and governance of the strata complex. Additionally, unit owners who are unable to attend in person may have the option to vote by proxy or participate remotely, depending on the strata's rules and bylaws.