NancyS20 (Colorado)
Posts: 5
Posts: 5
Posted:
We are in the process of amending our 16 year old document and Colorado has changed the requirements for a super majority to cap the maximum number of votes needed to no more than 67% and no less than 51%. As a board we are proposing the lower number of 51% but we have an owner who feels like that does not offer enough protection to the community from change. Can anyone succinctly lay out the pros and cons of lower or higher voter approval percentages? Thanks so much for any input.