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Assembly, Management Board and Board of Directors According to Law 7933, condos level there is only two organs: The Assembly, composed of all and each of the joint owners and Administration, person or entity named in Assembly duly convened. What so-called "management meetings"?
Administrative boards or councils condominiums. Such groups must be

distinguished from what is known today talking of corporations such as boards, composed of some partners on behalf of the company. His appointment is given at a general meeting of shareholders. Your participation in the Organization's management board, so, is the one that organizes and directs. What is the difference between these two groups?
I.

II.

III.

The boards or councils condos level administrative but may or may not be named in assembly, they are and must be subordinate to the administration. This group may have a specific mission in this organization may be open: coordinate, organize, organize working groups, monitoring services, create commissions, etc. Their work is subject to administrative guidelines. Not registered in the Public Registry as there is no legal basis to do so. Board of a Closed Organization. Within the company, is a body with specific legal purpose? It is duly registered and formalized in the journal and in the Public Registry. Its members are: President, Secretary (a) , Treasurer , Attorney and Vocal . His appointment is for a stated period and is to be the decision-making body within this organization. You can appoint or remove management. The President has power Generalissimo general or limited or unlimited sums. "The boards are collegial bodies should represent and protect the interests of corporate shareholders. Its main objectives are maximizing the investment returns that have been entrusted, protect investments against possible risks; promote adequate benefits for shareholders and appropriately meet the interests of the workforce, customers, suppliers, community and government. (Taken Corporate Governance , Vol # 1 Page 2 Incae ). Assembly of condominium owners. Deciding Body within the condominium. IV. Administration: Executing within the condominium.

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IV.

V.

V. That a "board" is above the administration? Under no circumstances can conceive this, since it is not covered by the law regulating the Condominium Ownership No. 7933. Exception: If the case to appoint a Board of Directors within the condominium, their interest should be commercial. The J. D. must be properly named owners Assembly, composed of condominiums or not, whose record must protocolized and register in the Public Registry of Deeds whenever there are changes guidelines. Also, Condo Regulation should consider this possibility and may result in condominiums whose interest is not commercial but residential. In the Constitutive Act of the condo where appointing an administrative board, each board member must have specific responsibilities regarding the administrative conduct. May or may not have legal representation, may or may not be limited or unlimited power with no limits or sums. Organizational structure chart of a normal condo CR.