Quote:
Posted By JohnC46 on 04/14/2012 5:11 AM
Mike
My last HOA was 750 standalone homes. This association made the change from 75% to 66% but still had to get the 75% to agree to the change to 66%. We probably never had more then 150 at any annual meeting but we did have over 562 votes with probably about 500 them proxies that were collected over a 3 month period.
My present HOA is 113 standalone homes and we need 75% (85) to vote yes to change our CC&R's and/or Bylaws.
Size or not, I would be very nervous when a minority (less then 50%) can make changes.
Our HOA is 300 homes, and our "sister" HOA who we are considering merging with is almost the same size. Both have virtually the same governing docs, because we were planned as one big HOA until the developer got in financial trouble and sold off the 2nd half and created a seperate HOA with a "cost sharing agreement" between the two.
Anyway, apathy and all the usual cast of characters has plagued this association for years. We just had our annual meeting last night, and .. surprise surprise... failed to reach a quorum. We had about 10% there.