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HomeMy WebLinkAbout1705 . i ~ said corporation may designate an individual officer o~ employee of the corporation as its "voting membe~". Any application for the transfer of inembership, or for a con- ~ veyance of an interest in,~o~ to encumber or lease a co~- dominium parcel, where the app~oval of the Board of Di- recto~s of the Association is requi~ed, as set forth in these By-Laws and the Declaration of Condomininm to which they are attached, shall.be accompanied by an application ~fee i n an amount to be set by the Board of Di rectors to cover the cost of contacting the references given by the applica~t, and such other costs of investigation that may ~ be incur~ed by the Board of Oirectors. Section 3. Yoting (a) The owner(s) of each condominium unit shall be entitled to one vote fo~ each co~dominium unit owned. If a condominium unit owner owns more than one unit he shall be entitled to one vote for each unit owned. The vote of a condominium unit shala not be divisible. (b) A majority of the unit owners' total votes shall decide any question unless the By-Laws or Declar- ation of Condominium provided otherwise, in which event r the voting percentage required in the By-Laws or the ; Declaration of Condominium shall control. i Section 4. Quorum. Unless otherwise provided in ' these By-Laws the presence in person or by proxy of a ma- ~ jority of the unit owners' total votes shall constitute a quorum. The term "majority" of the unit owners total votes shall mean unit owners holding 51$ of the votes. Section 5. Proxies. Votes may be cast in person ' or by proxy. All Proxies shall be in writing and signed ; by the perso~ entitled to vote (as set forth below in ~ ' Section 6), and shall be filed with the Secreta~y prior - _ to the meeting in which they are to be used, and shall be valid only for the particular meeting designated therein. Where a unit is owned jointly by a husband and wife, and • ~ if they have not designated one of them as a voting mem- . , ~ ber, a proxy must be signed by both husband and wife where a third person is designated. ~ ~ Section 6. Designation of Voting Member ' If a condominium unit is owned by one person, his right to vote shall be established by the recorded title to the unit. if a condominium unit is owned by more than one person, the person entitled to cast the vote for the ~ unit shall be designated in a Certificate signed by all ; of the recorded owners of the unit and filed with the } ~ Sec~etary of the Association. if a condominium unit is ~ owned by a Corporation, the officer or employee thereof i ~ entitled to cast the vot.e of the unit for the Corporation ~ , ~ ~ ~ ~ ~ ~ ~3 ~ ~ .f ~ - ~ ~ ~ . ~ . ' - ~ : ~ ~ ~ - ~ ~ '2 -.r'S .G: j.-~ z.```,~.-,~.f.~ ' 1 . ~,~.~T.~LfF"~~a~ ~~'~`~39~..__ t., s