ReneeD (Illinois)
Posts: 201
Posts: 201
Posted:
We are an IL HOA.
I have found nothing in our governing documents that mentions actual number of units for basis of determining quorum for annual elections. All I found is mention of percentages, e.g., 20%, 75%, 100%; excerpt below. Shouldn't there be something naming actual number of dwellings somewhere or do we need to add that into our governing documents? Also, for purposes of meeting quorum (annual election of officers) do we still recognize empty bank-owned units as that would affect quorum based on percentages? There are approximately 30 units that the Board would garner no votes. Thanks. -Renee
I have found nothing in our governing documents that mentions actual number of units for basis of determining quorum for annual elections. All I found is mention of percentages, e.g., 20%, 75%, 100%; excerpt below. Shouldn't there be something naming actual number of dwellings somewhere or do we need to add that into our governing documents? Also, for purposes of meeting quorum (annual election of officers) do we still recognize empty bank-owned units as that would affect quorum based on percentages? There are approximately 30 units that the Board would garner no votes. Thanks. -Renee