Legal Question in Real Estate Law in Florida
co-op voteing
as a co-op that has by-laws that reads to pass you must have 75% of the voters and on certian items 66.6%. No where does it mention majority of the votes,in this case can the majority be used.
1 Answer from Attorneys
Re: co-op voting
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
You did not explain what the situation is. Regardless, it does not seem that a simple majority would ever be proper according to your by-laws. Your cooperative association should question its corporate attorney. If you do not have one, this may be the time to retain one, and to consider an amendment lowering your majority requirements.
Scott R. Jay, Esq.