What you need to know when you become a director of Residential Association

The General Assembly is the highest decision-making body of the Residential Association and is positioned as a "meeting" as stipulated in sectional ownership laws.

There are two types of general meetings: ordinary general meetings (regular general meetings), which are always convened once a year, and extraordinary general meetings, which can be convened as needed.

In addition to the appointment of directors and auditors, business reports such as settlement of accounts and business plans such as budgets, important matters related to Residential Association's operations, such as the conclusion of management contracts, the implementation of planned repair work, and the preparation and modification of long-term repair plans, require resolution of the General Assembly.

The rules for the management and operation of condominiums stipulated by Residential Association are the "Management Rules."
Condominiums that live together in buildings can cause various problems. In order to maintain good communal living and order of condominiums, it is necessary for the entire division owner to work together to set rules voluntarily.
The Ministry of Land, Infrastructure, Transport and Tourism has created the “Condominium Standard Management Rules” as a standard model for management rules so that apartments can be used as reference when creating management rules.
Ministry of Land, Infrastructure, Transport and Tourism's "Condominium Standard Management Rules" page (outside site)