Acts and Regulations

C-16.05 - Condominium Property Act

Full text
Corporate records
21(1)A corporation shall keep adequate records, including the following:
(a) financial records;
(b) minutes of the meetings of the owners and meetings of the board;
(c) a copy of the declaration;
(d) a copy of the description;
(e) the by-laws and rules;
(f) all items provided to the corporation by the declarant under section 22;
(g) reserve fund studies;
(h) all agreements entered into by the corporation;
(i) all insurance policies held by the corporation;
(j) disclosures of conflicts of interest; and
(k) all other records that are specified in the by-laws.
21(2)A corporation shall keep all financial records for at least 6 years after the last fiscal period to which they relate.
21(3)An owner or an agent of an owner may inspect the records of a corporation on reasonable notice and at any reasonable time.
21(4)If a person examining the records requests a copy of a record, the corporation shall provide it within a reasonable time and may charge a reasonable fee for labour and copying.
Corporate records
21(1)A corporation shall keep adequate records, including the following:
(a) financial records;
(b) minutes of the meetings of the owners and meetings of the board;
(c) a copy of the declaration;
(d) a copy of the description;
(e) the by-laws and rules;
(f) all items provided to the corporation by the declarant under section 22;
(g) reserve fund studies;
(h) all agreements entered into by the corporation;
(i) all insurance policies held by the corporation;
(j) disclosures of conflicts of interest; and
(k) all other records that are specified in the by-laws.
21(2)A corporation shall keep all financial records for at least 6 years after the last fiscal period to which they relate.
21(3)An owner or an agent of an owner may inspect the records of a corporation on reasonable notice and at any reasonable time.
21(4)If a person examining the records requests a copy of a record, the corporation shall provide it within a reasonable time and may charge a reasonable fee for labour and copying.