What is the primary role of a Board of Directors in a condominium?

The primary role of a Board of Directors in a condominium is to oversee management decisions. This encompasses setting policies, ensuring the effective operation of the condominium, and making strategic decisions in the best interest of the owners and residents. The Board is responsible for ensuring that the condominium is managed in accordance with legal and regulatory requirements and that it aligns with the interests of the community it serves.

The oversight function includes evaluating the performance of property management, approving budgets, and ensuring that the common elements are maintained properly. By concentrating on governance and strategic direction, the Board plays a crucial role in the long-term sustainability and success of the condominium corporation.

While managing day-to-day operations may seem like a direct responsibility, that function is typically delegated to property management professionals or staff. The Board itself does not engage in providing maintenance services, as that is the responsibility of those hired to fulfill such tasks. Additionally, representing tenants' interests, while important, is not the primary focus of the Board; rather, the Board is primarily responsible for the collective interests of all unit owners.