The Annual General Meeting (AGM) is required once a year under Real Estate Regulatory Authority Bahrain (RERA) and serves as a key platform to ensure transparency, accountability, and active owner participation in decisions affecting the property.
It allows owners to review, approve, or reject the proposed budget for the coming year, discuss financial and operational performance, and address key matters within the community. The AGM also provides an opportunity for owners to vote, nominate themselves, or nominate others for the Board of Directors, with elections held every two years, ensuring proper governance and representation.