Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs) Information
- The AGM is the maximum authority of the Community of property owners, who are required to meet at least once a year to elect (or re-elect) a President, various Committee members and Administrator, discuss issues affecting the Community and to examine and approve the accounts of expenditure of the previous year. They must decide upon the budget – and the Community fees each member will pay – for the coming year.
- The Law which governs the holding of meetings in Communities is the Horizontal Property Law (‘Ley de Propiedad Horizontal’ in Spanish).
- The minutes book (libro de actas), which records details of the meeting and voting, is an official legal document which can be used in Spanish court proceedings
- Invitations to AGMs are sent to all owners in time for the AGM, which from 2026 is held on a Saturday in November.
- An EGM is a type of meeting that is held to discuss and vote on important issues that cannot wait until the next AGM.