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Posted By KevinJ1 on 11/21/2008 7:11 AM
We had our annual meeting last night and we only had 42 votes.they said we need 51 for an election.we have 252 units alot which are in foreclosure and bank owned..we were told there was not enough votes to have an election,so we are stuck with the same board as last year..so i read florida statute 718-112 (3) which states 20%of eligable voters..so my question is who exactly is an eligable voter..do banks and foreclosures count..do they have to be sent a ballot...any help would be appreciated..thanks Kevin
Kevin,
Eligible voters could mean members of the assn who are not in violation of the CCRs or delinquent in assessments. It would be stated somewhere in your gov. docs that these members lose their voting rights. If this is not stated in your gov docs, then eligible voters would mean members of the assn. It appears the board used the 20% FL statute requirement to determine the quorum and based it on 252 units. Even homes that are in foreclosure are owned by someone, so they would still count as a unit and be eligible for one vote.
If your bylaws allow proxy voting, perhaps the board should consider this for future annual elections. Also, some bylaws specify the meeting may be adjourned until a quorum can be reached. Were there many candidates on the slate?