A question as to how many votes can be exercised
Please forgive me if this (or a similar) question has been answered here before somewhere. If so, I just can`t find it.
In our faciity we have 140 apartments. The builder still owns 44 of those. I`m not sure I understand the condominium law. I know 1 owner cannot exercise more than one third of the votes but in which way?
If at the yearly owner`s meeting there are 100 (out of 140) votes present, can he exercise:
A. 33 (One 3rd of the total votes present) or
B. The whole 44 (since there are 140 apartments even though not all are present)
Thanks in advance.
