What are biannual notices sent to inform owners of important updates called?

Biannual notices sent to inform owners about important updates are specifically referred to as Periodic Information Certificates. These certificates serve as official communication from the condominium corporation to the unit owners, providing vital information regarding financial statements, management changes, or upcoming meetings. The use of "Periodic" emphasizes that these certificates are issued at regular intervals, which in this context is biannually.

Understanding this terminology is essential for effective communication in condominium management, as these regular updates help ensure that all owners are informed about the status and operations of the condominium. This contributes to transparency and helps foster a sense of community among owners. Other terms, while they may sound similar, do not carry the same formal and regulatory implication that Periodic Information Certificates have within the context of condominium management practices in Ontario.