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Hi all. If owners are given the appropriate lead time about and owners' meeting, and are asked to attend so they can vote on several issues, are they required to attend the meeting? If they do not RSVP and simply do not show up, is their vote automatically ceded to the President? How does it all work? Thanks.
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Depends on your by-laws, but at most co-ops and at ours, you would need a quorum to change anything. What are they being asked to vote on? Unless you are changing by-laws or making an addition to the property, you shouldn't need the regular shareholders. They elect the board of directors to make all the big decisions.
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.