Fractions and Votes Under Robert’s Rules
Condominium and homeowner association documents contain many different voting requirements. For example, the required number of votes to elect a director is usually different than the number of votes required to adopt an annual budget. The math involved in determining voting requirements doesn’t usually have whole round numbers. Suppose a planned community has 173 lots. The Bylaws require a quorum of 20% of the owners at the annual meeting. The quorum requirement, then, is 34.6. But does 34.6 mean that 34 or 35 owners must be present in person or proxy? Read the article………….
Hardwood floors can increase property values in condo units by improving the aesthetic value and helping to alleviate dust allergies.
Few things can raise one’s blood pressure like signing a big contract. That can be especially true for board members
The board of directors of an association must be aware of the potential for a conflict of interest at all