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Condominium Policy Packages
Policies are another governance tool that can make managing a condominium corporation easier and more efficient. Even though policies are not directly binding on the owners, they are binding on the directors, officers, property manager, employees and staff of the condominium corporation. Their purpose is really aimed at internal corporate governance; in other words, ensuring that the corporation’s managers and staff follow certain criteria when doing work on behalf of the corporation. For example, when dealing with an owner’s personal information, all corporation staff would have to follow the privacy policy.
At GMA, we have a set of standard form policy packages that we provide for our clients:
We provide the above policies on a flat-fee basis, which includes 2 hours of billable time for customizations.