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Does condo association gain voting rights when taking unit deed?


Question:

We are a Florida condo association.  When the condo association takes deed to a unit, does this allow the board to count this unit when a membership quorum is needed? Does it also give the board the ability to submit a limited proxy towards voting for items related to budget items such as: Rollovers, waiving financial reporting, and fully funding or waiving fully funding reserves?


Answers (5)

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