Legal Question in Real Estate Law in New York
In our condo we need "80 per cent of owners in number and common interest" to change a by-law. we have 176 units. Do all 176 owners have to vote or can we count only the number of votes cast?
Asked on 10/24/13, 2:20 pm
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
You need 80% of the owners who are eligible to vote. And collectively, they have to own 80% of the common elements. Each condo unit has an allocated share of the common elements. You have to pass both tests.
Answered on 10/24/13, 2:25 pm