DonnaS4 (Florida)
Posts: 16
Posts: 16
Posted:
Our management firm recently sent out the annual proxy ballots for owners to vote on whether to fund reserves at 100% or 50% which a copy of the proposed 2010 Budget. The proxy and letter enclosed both stated the vote for for approval of the 2009 proposed budget. The management firm did not send copies to board members to proof read and approve before the mailing went out to owners. When this was addressed to the management firm by a board member they claim the consulted an attorney and the ballots were legal even though the wrong year was stated. Is this legal and binding that owners voted and the board approved a budget for 2010 when the ballot stated 2009?